Veolia Environnement Balance Sheet Health
Financial Health criteria checks 3/6
Veolia Environnement has a total shareholder equity of €14.7B and total debt of €26.4B, which brings its debt-to-equity ratio to 179.2%. Its total assets and total liabilities are €72.6B and €57.9B respectively. Veolia Environnement's EBIT is €2.8B making its interest coverage ratio 3.7. It has cash and short-term investments of €10.8B.
Key information
179.2%
Debt to equity ratio
€26.35b
Debt
Interest coverage ratio | 3.7x |
Cash | €10.79b |
Equity | €14.70b |
Total liabilities | €57.86b |
Total assets | €72.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0NY8's short term assets (€27.9B) do not cover its short term liabilities (€30.0B).
Long Term Liabilities: 0NY8's short term assets (€27.9B) exceed its long term liabilities (€27.9B).
Debt to Equity History and Analysis
Debt Level: 0NY8's net debt to equity ratio (105.9%) is considered high.
Reducing Debt: 0NY8's debt to equity ratio has reduced from 204% to 179.2% over the past 5 years.
Debt Coverage: 0NY8's debt is not well covered by operating cash flow (19%).
Interest Coverage: 0NY8's interest payments on its debt are well covered by EBIT (3.7x coverage).