Ceconomy Balance Sheet Health
Financial Health criteria checks 2/6
Ceconomy has a total shareholder equity of €700.0M and total debt of €2.7B, which brings its debt-to-equity ratio to 381.4%. Its total assets and total liabilities are €9.9B and €9.2B respectively. Ceconomy's EBIT is €59.0M making its interest coverage ratio 1. It has cash and short-term investments of €1.0B.
Key information
381.4%
Debt to equity ratio
€2.67b
Debt
Interest coverage ratio | 1x |
Cash | €1.00b |
Equity | €700.00m |
Total liabilities | €9.22b |
Total assets | €9.92b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CEC N's short term assets (€6.0B) do not cover its short term liabilities (€6.6B).
Long Term Liabilities: CEC N's short term assets (€6.0B) exceed its long term liabilities (€2.6B).
Debt to Equity History and Analysis
Debt Level: CEC N's net debt to equity ratio (238%) is considered high.
Reducing Debt: CEC N's debt to equity ratio has increased from 99.7% to 381.4% over the past 5 years.
Debt Coverage: CEC N's debt is well covered by operating cash flow (40.3%).
Interest Coverage: CEC N's interest payments on its debt are not well covered by EBIT (1x coverage).