Compagnie de l'Odet Balance Sheet Health
Financial Health criteria checks 6/6
Compagnie de l'Odet has a total shareholder equity of €32.7B and total debt of €7.9B, which brings its debt-to-equity ratio to 24%. Its total assets and total liabilities are €60.0B and €27.3B respectively. Compagnie de l'Odet's EBIT is €460.4M making its interest coverage ratio 13.5. It has cash and short-term investments of €6.0B.
Key information
24.0%
Debt to equity ratio
€7.86b
Debt
Interest coverage ratio | 13.5x |
Cash | €5.96b |
Equity | €32.71b |
Total liabilities | €27.27b |
Total assets | €59.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0OPN's short term assets (€18.6B) exceed its short term liabilities (€18.3B).
Long Term Liabilities: 0OPN's short term assets (€18.6B) exceed its long term liabilities (€9.0B).
Debt to Equity History and Analysis
Debt Level: 0OPN's net debt to equity ratio (5.8%) is considered satisfactory.
Reducing Debt: 0OPN's debt to equity ratio has reduced from 39.9% to 24% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 0OPN has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 0OPN is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 4.7% per year.