CTP Balance Sheet Health
Financial Health criteria checks 3/6
CTP has a total shareholder equity of €6.4B and total debt of €7.7B, which brings its debt-to-equity ratio to 120.2%. Its total assets and total liabilities are €15.8B and €9.4B respectively. CTP's EBIT is €460.8M making its interest coverage ratio 3.6. It has cash and short-term investments of €1.2B.
Key information
120.2%
Debt to equity ratio
€7.68b
Debt
Interest coverage ratio | 3.6x |
Cash | €1.23b |
Equity | €6.39b |
Total liabilities | €9.39b |
Total assets | €15.77b |
Recent financial health updates
No updates
Recent updates
Impressive 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 (€468.6M).
Long Term Liabilities: CTPNV's short term assets (€1.6B) do not cover its long term liabilities (€8.9B).
Debt to Equity History and Analysis
Debt Level: CTPNV's net debt to equity ratio (100.9%) is considered high.
Reducing Debt: CTPNV's debt to equity ratio has reduced from 245.9% to 120.2% over the past 5 years.
Debt Coverage: CTPNV's debt is not well covered by operating cash flow (5.2%).
Interest Coverage: CTPNV's interest payments on its debt are well covered by EBIT (3.6x coverage).