Grupo Catalana Occidente Balance Sheet Health
Financial Health criteria checks 5/6
Grupo Catalana Occidente has a total shareholder equity of €4.7B and total debt of €164.7M, which brings its debt-to-equity ratio to 3.5%. Its total assets and total liabilities are €19.2B and €14.5B respectively. Grupo Catalana Occidente's EBIT is €918.0M making its interest coverage ratio 7.1. It has cash and short-term investments of €1.3B.
Key information
3.5%
Debt to equity ratio
€164.70m
Debt
Interest coverage ratio | 7.1x |
Cash | €1.35b |
Equity | €4.72b |
Total liabilities | €14.48b |
Total assets | €19.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GCOE's short term assets (€3.9B) exceed its short term liabilities (€17.2M).
Long Term Liabilities: GCOE's short term assets (€3.9B) do not cover its long term liabilities (€14.5B).
Debt to Equity History and Analysis
Debt Level: GCOE has more cash than its total debt.
Reducing Debt: GCOE's debt to equity ratio has reduced from 6.1% to 3.5% over the past 5 years.
Debt Coverage: GCOE's debt is well covered by operating cash flow (268%).
Interest Coverage: GCOE's interest payments on its debt are well covered by EBIT (7.1x coverage).