Edison Balance Sheet Health
Financial Health criteria checks 5/6
Edison has a total shareholder equity of €6.9B and total debt of €711.0M, which brings its debt-to-equity ratio to 10.3%. Its total assets and total liabilities are €13.6B and €6.7B respectively. Edison's EBIT is €735.0M making its interest coverage ratio 19.3. It has cash and short-term investments of €1.2B.
Key information
10.3%
Debt to equity ratio
€711.00m
Debt
Interest coverage ratio | 19.3x |
Cash | €1.23b |
Equity | €6.90b |
Total liabilities | €6.73b |
Total assets | €13.63b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0N4J's short term assets (€6.1B) exceed its short term liabilities (€4.6B).
Long Term Liabilities: 0N4J's short term assets (€6.1B) exceed its long term liabilities (€2.1B).
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 increased from 9.1% to 10.3% over the past 5 years.
Debt Coverage: 0N4J's debt is well covered by operating cash flow (205.5%).
Interest Coverage: 0N4J's interest payments on its debt are well covered by EBIT (19.3x coverage).