EssoF Balance Sheet Health
Financial Health criteria checks 6/6
EssoF has a total shareholder equity of €2.3B and total debt of €27.1M, which brings its debt-to-equity ratio to 1.2%. Its total assets and total liabilities are €4.9B and €2.7B respectively. EssoF's EBIT is €685.1M making its interest coverage ratio -11.1. It has cash and short-term investments of €1.1B.
Key information
1.2%
Debt to equity ratio
€27.10m
Debt
| Interest coverage ratio | -11.1x |
| Cash | €1.14b |
| Equity | €2.28b |
| Total liabilities | €2.66b |
| Total assets | €4.94b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ESP's short term assets (€4.3B) exceed its short term liabilities (€2.2B).
Long Term Liabilities: ESP's short term assets (€4.3B) exceed its long term liabilities (€486.7M).
Debt to Equity History and Analysis
Debt Level: ESP has more cash than its total debt.
Reducing Debt: ESP's debt to equity ratio has reduced from 5.8% to 1.2% over the past 5 years.
Debt Coverage: ESP's debt is well covered by operating cash flow (3318.5%).
Interest Coverage: ESP earns more interest than it pays, so coverage of interest payments is not a concern.