ERAMET Balance Sheet Health
Financial Health criteria checks 4/6
ERAMET has a total shareholder equity of €2.0B and total debt of €2.1B, which brings its debt-to-equity ratio to 106.7%. Its total assets and total liabilities are €6.3B and €4.3B respectively. ERAMET's EBIT is €15.0M making its interest coverage ratio 0.1. It has cash and short-term investments of €1.6B.
Key information
106.7%
Debt to equity ratio
€2.13b
Debt
Interest coverage ratio | 0.1x |
Cash | €1.62b |
Equity | €1.99b |
Total liabilities | €4.28b |
Total assets | €6.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ERMA.Y's short term assets (€3.0B) exceed its short term liabilities (€1.8B).
Long Term Liabilities: ERMA.Y's short term assets (€3.0B) exceed its long term liabilities (€2.5B).
Debt to Equity History and Analysis
Debt Level: ERMA.Y's net debt to equity ratio (25.6%) is considered satisfactory.
Reducing Debt: ERMA.Y's debt to equity ratio has reduced from 107% to 106.7% over the past 5 years.
Debt Coverage: ERMA.Y's debt is not well covered by operating cash flow (8.1%).
Interest Coverage: ERMA.Y's interest payments on its debt are not well covered by EBIT (0.1x coverage).