Carrefour Balance Sheet Health
Financial Health criteria checks 3/6
Carrefour has a total shareholder equity of €12.2B and total debt of €16.1B, which brings its debt-to-equity ratio to 132.3%. Its total assets and total liabilities are €54.4B and €42.2B respectively. Carrefour's EBIT is €2.3B making its interest coverage ratio 5.4. It has cash and short-term investments of €4.9B.
Key information
132.3%
Debt to equity ratio
€16.09b
Debt
| Interest coverage ratio | 5.4x |
| Cash | €4.92b |
| Equity | €12.16b |
| Total liabilities | €42.25b |
| Total assets | €54.40b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CRER.F's short term assets (€22.3B) do not cover its short term liabilities (€26.1B).
Long Term Liabilities: CRER.F's short term assets (€22.3B) exceed its long term liabilities (€16.1B).
Debt to Equity History and Analysis
Debt Level: CRER.F's net debt to equity ratio (91.9%) is considered high.
Reducing Debt: CRER.F's debt to equity ratio has increased from 131.2% to 132.3% over the past 5 years.
Debt Coverage: CRER.F's debt is well covered by operating cash flow (28.4%).
Interest Coverage: CRER.F's interest payments on its debt are well covered by EBIT (5.4x coverage).