Eutelsat Communications Balance Sheet Health
Financial Health criteria checks 4/6
Eutelsat Communications has a total shareholder equity of €2.8B and total debt of €2.9B, which brings its debt-to-equity ratio to 103.6%. Its total assets and total liabilities are €7.1B and €4.2B respectively. Eutelsat Communications's EBIT is €346.5M making its interest coverage ratio 5.4. It has cash and short-term investments of €307.4M.
Key information
103.6%
Debt to equity ratio
€2.93b
Debt
| Interest coverage ratio | 5.4x |
| Cash | €307.40m |
| Equity | €2.83b |
| Total liabilities | €4.22b |
| Total assets | €7.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ETL N's short term assets (€671.8M) exceed its short term liabilities (€652.5M).
Long Term Liabilities: ETL N's short term assets (€671.8M) do not cover its long term liabilities (€3.6B).
Debt to Equity History and Analysis
Debt Level: ETL N's net debt to equity ratio (92.7%) is considered high.
Reducing Debt: ETL N's debt to equity ratio has reduced from 122.3% to 103.6% over the past 5 years.
Debt Coverage: ETL N's debt is well covered by operating cash flow (27%).
Interest Coverage: ETL N's interest payments on its debt are well covered by EBIT (5.4x coverage).