CTP Balance Sheet Health
Financial Health criteria checks 3/6
CTP has a total shareholder equity of €6.7B and total debt of €7.9B, which brings its debt-to-equity ratio to 118.9%. Its total assets and total liabilities are €16.4B and €9.8B respectively. CTP's EBIT is €488.5M making its interest coverage ratio 3.3. It has cash and short-term investments of €1.1B.
Key information
118.9%
Debt to equity ratio
€7.94b
Debt
| Interest coverage ratio | 3.3x |
| Cash | €1.15b |
| Equity | €6.68b |
| Total liabilities | €9.76b |
| Total assets | €16.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CTPNVA's short term assets (€1.4B) exceed its short term liabilities (€793.8M).
Long Term Liabilities: CTPNVA's short term assets (€1.4B) do not cover its long term liabilities (€9.0B).
Debt to Equity History and Analysis
Debt Level: CTPNVA's net debt to equity ratio (101.7%) is considered high.
Reducing Debt: CTPNVA's debt to equity ratio has reduced from 196.3% to 118.9% over the past 5 years.
Debt Coverage: CTPNVA's debt is not well covered by operating cash flow (5.1%).
Interest Coverage: CTPNVA's interest payments on its debt are well covered by EBIT (3.3x coverage).