Hellenic Telecommunications Organization Balance Sheet Health
Financial Health criteria checks 5/6
Hellenic Telecommunications Organization has a total shareholder equity of €1.8B and total debt of €973.5M, which brings its debt-to-equity ratio to 54.6%. Its total assets and total liabilities are €5.3B and €3.5B respectively. Hellenic Telecommunications Organization's EBIT is €708.5M making its interest coverage ratio 23.2. It has cash and short-term investments of €826.6M.
Key information
54.6%
Debt to equity ratio
€973.50m
Debt
| Interest coverage ratio | 23.2x |
| Cash | €826.60m |
| Equity | €1.78b |
| Total liabilities | €3.48b |
| Total assets | €5.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OTES's short term assets (€1.6B) do not cover its short term liabilities (€2.2B).
Long Term Liabilities: OTES's short term assets (€1.6B) exceed its long term liabilities (€1.3B).
Debt to Equity History and Analysis
Debt Level: OTES's net debt to equity ratio (8.2%) is considered satisfactory.
Reducing Debt: OTES's debt to equity ratio has reduced from 59.6% to 54.6% over the past 5 years.
Debt Coverage: OTES's debt is well covered by operating cash flow (132.7%).
Interest Coverage: OTES's interest payments on its debt are well covered by EBIT (23.2x coverage).