Econocom Group Balance Sheet Health
Financial Health criteria checks 5/6
Econocom Group has a total shareholder equity of €456.7M and total debt of €506.6M, which brings its debt-to-equity ratio to 110.9%. Its total assets and total liabilities are €2.5B and €2.0B respectively. Econocom Group's EBIT is €121.8M making its interest coverage ratio 10.2. It has cash and short-term investments of €404.8M.
Key information
110.9%
Debt to equity ratio
€506.60m
Debt
| Interest coverage ratio | 10.2x |
| Cash | €404.80m |
| Equity | €456.70m |
| Total liabilities | €2.05b |
| Total assets | €2.50b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ECONBB's short term assets (€1.6B) exceed its short term liabilities (€1.5B).
Long Term Liabilities: ECONBB's short term assets (€1.6B) exceed its long term liabilities (€515.1M).
Debt to Equity History and Analysis
Debt Level: ECONBB's net debt to equity ratio (22.3%) is considered satisfactory.
Reducing Debt: ECONBB's debt to equity ratio has increased from 84% to 110.9% over the past 5 years.
Debt Coverage: ECONBB's debt is well covered by operating cash flow (22.6%).
Interest Coverage: ECONBB's interest payments on its debt are well covered by EBIT (10.2x coverage).