CTT - Correios De Portugal Balance Sheet Health
Financial Health criteria checks 3/6
CTT - Correios De Portugal has a total shareholder equity of €253.3M and total debt of €511.9M, which brings its debt-to-equity ratio to 202.1%. Its total assets and total liabilities are €4.8B and €4.5B respectively. CTT - Correios De Portugal's EBIT is €106.4M making its interest coverage ratio 2.1. It has cash and short-term investments of €2.0B.
Key information
202.1%
Debt to equity ratio
€511.87m
Debt
Interest coverage ratio | 2.1x |
Cash | €1.99b |
Equity | €253.25m |
Total liabilities | €4.50b |
Total assets | €4.76b |
Recent financial health updates
These 4 Measures Indicate That CTT - Correios De Portugal (ELI:CTT) Is Using Debt Extensively
Aug 07Is CTT - Correios De Portugal (ELI:CTT) Using Too Much Debt?
May 06CTT - Correios De Portugal (ELI:CTT) Has A Somewhat Strained Balance Sheet
Feb 03Recent updates
CTT - Correios De Portugal, S.A. (ELI:CTT) Stock Rockets 25% As Investors Are Less Pessimistic Than Expected
Apr 18Earnings Beat: CTT - Correios De Portugal, S.A. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Mar 24Calculating The Fair Value Of CTT - Correios De Portugal, S.A. (ELI:CTT)
Mar 22CTT - Correios De Portugal's (ELI:CTT) Upcoming Dividend Will Be Larger Than Last Year's
May 04Is Now An Opportune Moment To Examine CTT - Correios De Portugal, S.A. (ELI:CTT)?
Mar 18Is Now The Time To Look At Buying CTT - Correios De Portugal, S.A. (ELI:CTT)?
Jun 14CTT - Correios De Portugal (ELI:CTT) Will Pay A Larger Dividend Than Last Year At €0.12
May 12CTT - Correios De Portugal (ELI:CTT) Is Increasing Its Dividend To €0.12
Apr 01Is It Too Late To Consider Buying CTT - Correios De Portugal, S.A. (ELI:CTT)?
Jan 25These 4 Measures Indicate That CTT - Correios De Portugal (ELI:CTT) Is Using Debt Extensively
Aug 07Is CTT - Correios De Portugal (ELI:CTT) Using Too Much Debt?
May 06When Should You Buy CTT - Correios De Portugal, S.A. (ELI:CTT)?
Apr 21Does CTT - Correios De Portugal, S.A. (ELI:CTT) Have A Place In Your Dividend Stock Portfolio?
Apr 04Earnings Beat: CTT - Correios De Portugal, S.A. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Mar 20Does CTT - Correios De Portugal, S.A. (ELI:CTT) Create Value For Shareholders?
Mar 14CTT - Correios De Portugal's (ELI:CTT) Stock Price Has Reduced 66% In The Past Five Years
Feb 22CTT - Correios De Portugal (ELI:CTT) Has A Somewhat Strained Balance Sheet
Feb 03At €2.47, Is It Time To Put CTT - Correios De Portugal, S.A. (ELI:CTT) On Your Watch List?
Jan 15How Much Of CTT - Correios De Portugal, S.A. (ELI:CTT) Do Institutions Own?
Dec 28CTT - Correios De Portugal, S.A. (ELI:CTT) Shares Could Be 37% Below Their Intrinsic Value Estimate
Dec 09CTT - Correios De Portugal's (ELI:CTT) Shareholders Are Down 73% On Their Shares
Nov 20Financial Position Analysis
Short Term Liabilities: CTT's short term assets (€2.4B) do not cover its short term liabilities (€3.8B).
Long Term Liabilities: CTT's short term assets (€2.4B) exceed its long term liabilities (€689.6M).
Debt to Equity History and Analysis
Debt Level: CTT has more cash than its total debt.
Reducing Debt: CTT's debt to equity ratio has increased from 22.7% to 202.1% over the past 5 years.
Debt Coverage: CTT's debt is well covered by operating cash flow (196.7%).
Interest Coverage: CTT's interest payments on its debt are not well covered by EBIT (2.1x coverage).