A2A Balance Sheet Health
Financial Health criteria checks 4/6
A2A has a total shareholder equity of €4.8B and total debt of €6.2B, which brings its debt-to-equity ratio to 128.6%. Its total assets and total liabilities are €18.8B and €14.0B respectively. A2A's EBIT is €969.0M making its interest coverage ratio 8.9. It has cash and short-term investments of €1.7B.
Key information
128.6%
Debt to equity ratio
€6.17b
Debt
Interest coverage ratio | 8.9x |
Cash | €1.66b |
Equity | €4.80b |
Total liabilities | €14.00b |
Total assets | €18.80b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: A2AM's short term assets (€7.8B) exceed its short term liabilities (€7.0B).
Long Term Liabilities: A2AM's short term assets (€7.8B) exceed its long term liabilities (€7.0B).
Debt to Equity History and Analysis
Debt Level: A2AM's net debt to equity ratio (94.1%) is considered high.
Reducing Debt: A2AM's debt to equity ratio has increased from 103% to 128.6% over the past 5 years.
Debt Coverage: A2AM's debt is well covered by operating cash flow (21.7%).
Interest Coverage: A2AM's interest payments on its debt are well covered by EBIT (8.9x coverage).