Edison Balance Sheet Health
Financial Health criteria checks 6/6
Edison has a total shareholder equity of €6.8B and total debt of €1.0B, which brings its debt-to-equity ratio to 15.2%. Its total assets and total liabilities are €13.1B and €6.2B respectively. Edison's EBIT is €592.0M making its interest coverage ratio 22.8. It has cash and short-term investments of €1.6B.
Key information
15.2%
Debt to equity ratio
€1.04b
Debt
| Interest coverage ratio | 22.8x |
| Cash | €1.59b |
| Equity | €6.82b |
| Total liabilities | €6.25b |
| Total assets | €13.07b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0N4J's short term assets (€5.6B) exceed its short term liabilities (€4.0B).
Long Term Liabilities: 0N4J's short term assets (€5.6B) exceed its long term liabilities (€2.2B).
Debt to Equity History and Analysis
Debt Level: 0N4J has more cash than its total debt.
Reducing Debt: 0N4J's debt to equity ratio has reduced from 16.1% to 15.2% over the past 5 years.
Debt Coverage: 0N4J's debt is well covered by operating cash flow (145.1%).
Interest Coverage: 0N4J's interest payments on its debt are well covered by EBIT (22.8x coverage).