Edenred Balance Sheet Health
Financial Health criteria checks 2/6
Edenred has a total shareholder equity of €-569.0M and total debt of €4.4B, which brings its debt-to-equity ratio to -765.2%. Its total assets and total liabilities are €13.3B and €13.9B respectively. Edenred's EBIT is €543.0M making its interest coverage ratio -5.6. It has cash and short-term investments of €3.4B.
Key information
-765.2%
Debt to equity ratio
€4.35b
Debt
Interest coverage ratio | -5.6x |
Cash | €3.35b |
Equity | -€569.00m |
Total liabilities | €13.86b |
Total assets | €13.30b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0MUM has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 0MUM 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: 0MUM has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 0MUM's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: 0MUM's debt is well covered by operating cash flow (24.2%).
Interest Coverage: 0MUM earns more interest than it pays, so coverage of interest payments is not a concern.