Proximus Balance Sheet Health
Financial Health criteria checks 2/6
Proximus has a total shareholder equity of €3.4B and total debt of €3.4B, which brings its debt-to-equity ratio to 101.6%. Its total assets and total liabilities are €10.7B and €7.3B respectively. Proximus's EBIT is €613.0M making its interest coverage ratio 14.3. It has cash and short-term investments of €183.0M.
Key information
101.6%
Debt to equity ratio
€3.44b
Debt
Interest coverage ratio | 14.3x |
Cash | €183.00m |
Equity | €3.38b |
Total liabilities | €7.31b |
Total assets | €10.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PROXB's short term assets (€1.9B) do not cover its short term liabilities (€3.2B).
Long Term Liabilities: PROXB's short term assets (€1.9B) do not cover its long term liabilities (€4.1B).
Debt to Equity History and Analysis
Debt Level: PROXB's net debt to equity ratio (96.2%) is considered high.
Reducing Debt: PROXB's debt to equity ratio has increased from 72.5% to 101.6% over the past 5 years.
Debt Coverage: PROXB's debt is well covered by operating cash flow (47.6%).
Interest Coverage: PROXB's interest payments on its debt are well covered by EBIT (14.3x coverage).