JCDecaux Balance Sheet Health
Financial Health criteria checks 2/6
JCDecaux has a total shareholder equity of €2.0B and total debt of €2.7B, which brings its debt-to-equity ratio to 132%. Its total assets and total liabilities are €9.3B and €7.2B respectively. JCDecaux's EBIT is €399.7M making its interest coverage ratio 3.4. It has cash and short-term investments of €1.6B.
Key information
132.0%
Debt to equity ratio
€2.70b
Debt
| Interest coverage ratio | 3.4x |
| Cash | €1.60b |
| Equity | €2.05b |
| Total liabilities | €7.21b |
| Total assets | €9.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JCDX.Y's short term assets (€2.7B) do not cover its short term liabilities (€2.8B).
Long Term Liabilities: JCDX.Y's short term assets (€2.7B) do not cover its long term liabilities (€4.4B).
Debt to Equity History and Analysis
Debt Level: JCDX.Y's net debt to equity ratio (53.7%) is considered high.
Reducing Debt: JCDX.Y's debt to equity ratio has increased from 65.4% to 132% over the past 5 years.
Debt Coverage: JCDX.Y's debt is well covered by operating cash flow (40.8%).
Interest Coverage: JCDX.Y's interest payments on its debt are well covered by EBIT (3.4x coverage).