Edenred Balance Sheet Health
Financial Health criteria checks 2/6
Edenred has a total shareholder equity of €-825.0M and total debt of €5.0B, which brings its debt-to-equity ratio to -603.6%. Its total assets and total liabilities are €13.6B and €14.4B respectively. Edenred's EBIT is €580.0M making its interest coverage ratio -5.6. It has cash and short-term investments of €3.2B.
Key information
-603.6%
Debt to equity ratio
€4.98b
Debt
| Interest coverage ratio | -5.6x |
| Cash | €3.22b |
| Equity | -€825.00m |
| Total liabilities | €14.44b |
| Total assets | €13.61b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EDENP has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: EDENP has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: EDENP has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: EDENP's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: EDENP's debt is well covered by operating cash flow (21.9%).
Interest Coverage: EDENP earns more interest than it pays, so coverage of interest payments is not a concern.