CTS Eventim KGaA Balance Sheet Health
Financial Health criteria checks 5/6
CTS Eventim KGaA has a total shareholder equity of €1.1B and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €3.3B and €2.3B respectively. CTS Eventim KGaA's EBIT is €368.3M making its interest coverage ratio -7.3. It has cash and short-term investments of €1.2B.
Key information
0%
Debt to equity ratio
€0
Debt
| Interest coverage ratio | -7.3x |
| Cash | €1.17b |
| Equity | €1.05b |
| Total liabilities | €2.28b |
| Total assets | €3.33b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CEVM.F's short term assets (€1.8B) do not cover its short term liabilities (€2.0B).
Long Term Liabilities: CEVM.F's short term assets (€1.8B) exceed its long term liabilities (€284.8M).
Debt to Equity History and Analysis
Debt Level: CEVM.F is debt free.
Reducing Debt: CEVM.F has no debt compared to 5 years ago when its debt to equity ratio was 12.4%.
Debt Coverage: CEVM.F has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CEVM.F has no debt, therefore coverage of interest payments is not a concern.