EQT Balance Sheet Health
Financial Health criteria checks 5/6
EQT has a total shareholder equity of €7.5B and total debt of €2.0B, which brings its debt-to-equity ratio to 26.6%. Its total assets and total liabilities are €10.9B and €3.4B respectively. EQT's EBIT is €748.1M making its interest coverage ratio 38.2. It has cash and short-term investments of €806.0M.
Key information
26.6%
Debt to equity ratio
€1.99b
Debt
| Interest coverage ratio | 38.2x |
| Cash | €806.00m |
| Equity | €7.49b |
| Total liabilities | €3.36b |
| Total assets | €10.86b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EQTS's short term assets (€5.2B) exceed its short term liabilities (€839.0M).
Long Term Liabilities: EQTS's short term assets (€5.2B) exceed its long term liabilities (€2.5B).
Debt to Equity History and Analysis
Debt Level: EQTS's net debt to equity ratio (15.9%) is considered satisfactory.
Reducing Debt: EQTS's debt to equity ratio has increased from 3.3% to 26.6% over the past 5 years.
Debt Coverage: EQTS's debt is well covered by operating cash flow (41.1%).
Interest Coverage: EQTS's interest payments on its debt are well covered by EBIT (38.2x coverage).