CIE Automotive Balance Sheet Health
Financial Health criteria checks 6/6
CIE Automotive has a total shareholder equity of €1.8B and total debt of €1.1B, which brings its debt-to-equity ratio to 59.6%. Its total assets and total liabilities are €3.6B and €1.8B respectively. CIE Automotive's EBIT is €561.2M making its interest coverage ratio 6.1. It has cash and short-term investments of €925.2M.
Key information
59.6%
Debt to equity ratio
€1.07b
Debt
| Interest coverage ratio | 6.1x |
| Cash | €925.16m |
| Equity | €1.80b |
| Total liabilities | €1.77b |
| Total assets | €3.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CUOT.F's short term assets (€1.8B) exceed its short term liabilities (€415.7M).
Long Term Liabilities: CUOT.F's short term assets (€1.8B) exceed its long term liabilities (€1.4B).
Debt to Equity History and Analysis
Debt Level: CUOT.F's net debt to equity ratio (8.2%) is considered satisfactory.
Reducing Debt: CUOT.F's debt to equity ratio has reduced from 126% to 59.6% over the past 5 years.
Debt Coverage: CUOT.F's debt is well covered by operating cash flow (48.9%).
Interest Coverage: CUOT.F's interest payments on its debt are well covered by EBIT (6.1x coverage).