Public Power Balance Sheet Health
Financial Health criteria checks 3/6
Public Power has a total shareholder equity of €5.4B and total debt of €6.2B, which brings its debt-to-equity ratio to 116.5%. Its total assets and total liabilities are €23.9B and €18.5B respectively. Public Power's EBIT is €623.0M making its interest coverage ratio 3.2. It has cash and short-term investments of €2.6B.
Key information
116.5%
Debt to equity ratio
€6.24b
Debt
Interest coverage ratio | 3.2x |
Cash | €2.60b |
Equity | €5.36b |
Total liabilities | €18.49b |
Total assets | €23.85b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0MC5's short term assets (€8.7B) exceed its short term liabilities (€7.9B).
Long Term Liabilities: 0MC5's short term assets (€8.7B) do not cover its long term liabilities (€10.6B).
Debt to Equity History and Analysis
Debt Level: 0MC5's net debt to equity ratio (67.9%) is considered high.
Reducing Debt: 0MC5's debt to equity ratio has increased from 100.2% to 116.5% over the past 5 years.
Debt Coverage: 0MC5's debt is well covered by operating cash flow (24.1%).
Interest Coverage: 0MC5's interest payments on its debt are well covered by EBIT (3.2x coverage).