CTT - Correios De Portugal Balance Sheet Health
Financial Health criteria checks 3/6
CTT - Correios De Portugal has a total shareholder equity of €253.3M and total debt of €511.9M, which brings its debt-to-equity ratio to 202.1%. Its total assets and total liabilities are €4.8B and €4.5B respectively. CTT - Correios De Portugal's EBIT is €106.4M making its interest coverage ratio 2.1. It has cash and short-term investments of €2.0B.
Key information
202.1%
Debt to equity ratio
€511.87m
Debt
Interest coverage ratio | 2.1x |
Cash | €1.99b |
Equity | €253.25m |
Total liabilities | €4.50b |
Total assets | €4.76b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0QIM's short term assets (€2.4B) do not cover its short term liabilities (€3.8B).
Long Term Liabilities: 0QIM's short term assets (€2.4B) exceed its long term liabilities (€689.6M).
Debt to Equity History and Analysis
Debt Level: 0QIM has more cash than its total debt.
Reducing Debt: 0QIM's debt to equity ratio has increased from 22.7% to 202.1% over the past 5 years.
Debt Coverage: 0QIM's debt is well covered by operating cash flow (196.7%).
Interest Coverage: 0QIM's interest payments on its debt are not well covered by EBIT (2.1x coverage).