CTT - Correios De Portugal Balance Sheet Health
Financial Health criteria checks 3/6
CTT - Correios De Portugal has a total shareholder equity of €276.2M and total debt of €362.1M, which brings its debt-to-equity ratio to 131.1%. Its total assets and total liabilities are €5.5B and €5.3B respectively. CTT - Correios De Portugal's EBIT is €138.0M making its interest coverage ratio 1.5. It has cash and short-term investments of €2.6B.
Key information
131.1%
Debt to equity ratio
€362.12m
Debt
| Interest coverage ratio | 1.5x |
| Cash | €2.58b |
| Equity | €276.18m |
| Total liabilities | €5.26b |
| Total assets | €5.54b |
Recent financial health updates
These 4 Measures Indicate That CTT - Correios De Portugal (ELI:CTT) Is Using Debt Extensively
Aug 07
Is 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 (ELI:CTT) Dividend Will Be Increased To €0.17
May 05CTT - 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 28
CTT - 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 (€3.1B) do not cover its short term liabilities (€4.6B).
Long Term Liabilities: CTT's short term assets (€3.1B) exceed its long term liabilities (€626.2M).
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 121.9% to 131.1% over the past 5 years.
Debt Coverage: CTT's debt is well covered by operating cash flow (396.4%).
Interest Coverage: CTT's interest payments on its debt are not well covered by EBIT (1.5x coverage).