Ceconomy Balance Sheet Health
Financial Health criteria checks 3/6
Ceconomy has a total shareholder equity of €582.0M and total debt of €2.5B, which brings its debt-to-equity ratio to 437.1%. Its total assets and total liabilities are €12.3B and €11.7B respectively. Ceconomy's EBIT is €181.0M making its interest coverage ratio 1.6. It has cash and short-term investments of €2.4B.
Key information
437.1%
Debt to equity ratio
€2.54b
Debt
Interest coverage ratio | 1.6x |
Cash | €2.35b |
Equity | €582.00m |
Total liabilities | €11.67b |
Total assets | €12.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0MPM's short term assets (€8.6B) do not cover its short term liabilities (€9.3B).
Long Term Liabilities: 0MPM's short term assets (€8.6B) exceed its long term liabilities (€2.4B).
Debt to Equity History and Analysis
Debt Level: 0MPM's net debt to equity ratio (33%) is considered satisfactory.
Reducing Debt: 0MPM's debt to equity ratio has increased from 37.7% to 437.1% over the past 5 years.
Debt Coverage: 0MPM's debt is well covered by operating cash flow (25.1%).
Interest Coverage: 0MPM's interest payments on its debt are not well covered by EBIT (1.6x coverage).