CTP Balance Sheet Health
Financial Health criteria checks 2/6
CTP has a total shareholder equity of €7.1B and total debt of €8.2B, which brings its debt-to-equity ratio to 116%. Its total assets and total liabilities are €17.1B and €10.0B respectively. CTP's EBIT is €514.4M making its interest coverage ratio 2.9. It has cash and short-term investments of €1.3B.
Key information
116.0%
Debt to equity ratio
€8.19b
Debt
| Interest coverage ratio | 2.9x |
| Cash | €1.29b |
| Equity | €7.06b |
| Total liabilities | €10.02b |
| Total assets | €17.07b |
Recent financial health updates
No updates
Recent updates
CTP (AMS:CTPNV) Is Posting Solid Earnings, But It Is Not All Good News
Nov 14
When Should You Buy CTP N.V. (AMS:CTPNV)?
Aug 23Impressive Earnings May Not Tell The Whole Story For CTP (AMS:CTPNV)
Mar 15At €15.28, Is It Time To Put CTP N.V. (AMS:CTPNV) On Your Watch List?
Feb 28Is CTP N.V. (AMS:CTPNV) Potentially Undervalued?
Oct 26Why CTP N.V. (AMS:CTPNV) Could Be Worth Watching
Jul 13Is CTP N.V. (AMS:CTPNV) Potentially Undervalued?
Mar 28We Think That There Are More Issues For CTP (AMS:CTPNV) Than Just Sluggish Earnings
Aug 12Financial Position Analysis
Short Term Liabilities: CTPNV's short term assets (€1.6B) exceed its short term liabilities (€822.1M).
Long Term Liabilities: CTPNV's short term assets (€1.6B) do not cover its long term liabilities (€9.2B).
Debt to Equity History and Analysis
Debt Level: CTPNV's net debt to equity ratio (97.8%) is considered high.
Reducing Debt: CTPNV's debt to equity ratio has reduced from 161.5% to 116% over the past 5 years.
Debt Coverage: CTPNV's debt is not well covered by operating cash flow (4%).
Interest Coverage: CTPNV's interest payments on its debt are not well covered by EBIT (2.9x coverage).