Terna Balance Sheet Health
Financial Health criteria checks 2/6
Terna has a total shareholder equity of €6.6B and total debt of €13.0B, which brings its debt-to-equity ratio to 197.3%. Its total assets and total liabilities are €22.9B and €16.3B respectively. Terna's EBIT is €1.5B making its interest coverage ratio 13.8. It has cash and short-term investments of €2.4B.
Key information
197.3%
Debt to equity ratio
€13.02b
Debt
Interest coverage ratio | 13.8x |
Cash | €2.43b |
Equity | €6.60b |
Total liabilities | €16.31b |
Total assets | €22.91b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: TRNm's short term assets (€3.7B) do not cover its short term liabilities (€5.4B).
Long Term Liabilities: TRNm's short term assets (€3.7B) do not cover its long term liabilities (€10.9B).
Debt to Equity History and Analysis
Debt Level: TRNm's net debt to equity ratio (160.4%) is considered high.
Reducing Debt: TRNm's debt to equity ratio has reduced from 222.5% to 197.3% over the past 5 years.
Debt Coverage: TRNm's debt is not well covered by operating cash flow (10.9%).
Interest Coverage: TRNm's interest payments on its debt are well covered by EBIT (13.8x coverage).