CTT - Correios De Portugal Balance Sheet Health
Financial Health criteria checks 3/6
CTT - Correios De Portugal has a total shareholder equity of €238.4M and total debt of €489.5M, which brings its debt-to-equity ratio to 205.4%. Its total assets and total liabilities are €4.3B and €4.1B respectively. CTT - Correios De Portugal's EBIT is €93.5M making its interest coverage ratio 2.7. It has cash and short-term investments of €1.3B.
Key information
205.4%
Debt to equity ratio
€489.50m
Debt
Interest coverage ratio | 2.7x |
Cash | €1.29b |
Equity | €238.36m |
Total liabilities | €4.09b |
Total assets | €4.33b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CTTU's short term assets (€2.0B) do not cover its short term liabilities (€3.4B).
Long Term Liabilities: CTTU's short term assets (€2.0B) exceed its long term liabilities (€736.4M).
Debt to Equity History and Analysis
Debt Level: CTTU has more cash than its total debt.
Reducing Debt: CTTU's debt to equity ratio has increased from 3.1% to 205.4% over the past 5 years.
Debt Coverage: CTTU's debt is well covered by operating cash flow (81.5%).
Interest Coverage: CTTU's interest payments on its debt are not well covered by EBIT (2.7x coverage).