CTT - Correios De Portugal Balance Sheet Health
Financial Health criteria checks 3/6
CTT - Correios De Portugal has a total shareholder equity of €286.4M and total debt of €434.0M, which brings its debt-to-equity ratio to 151.5%. Its total assets and total liabilities are €5.1B and €4.8B respectively. CTT - Correios De Portugal's EBIT is €109.9M making its interest coverage ratio 1.7. It has cash and short-term investments of €2.2B.
Key information
151.5%
Debt to equity ratio
€433.95m
Debt
Interest coverage ratio | 1.7x |
Cash | €2.23b |
Equity | €286.39m |
Total liabilities | €4.80b |
Total assets | €5.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CTT N's short term assets (€2.7B) do not cover its short term liabilities (€4.1B).
Long Term Liabilities: CTT N's short term assets (€2.7B) exceed its long term liabilities (€665.5M).
Debt to Equity History and Analysis
Debt Level: CTT N has more cash than its total debt.
Reducing Debt: CTT N's debt to equity ratio has increased from 24.8% to 151.5% over the past 5 years.
Debt Coverage: CTT N's debt is well covered by operating cash flow (278.5%).
Interest Coverage: CTT N's interest payments on its debt are not well covered by EBIT (1.7x coverage).