CTP Balance Sheet Health
Financial Health criteria checks 3/6
CTP has a total shareholder equity of €6.4B and total debt of €7.7B, which brings its debt-to-equity ratio to 120.2%. Its total assets and total liabilities are €15.8B and €9.4B respectively. CTP's EBIT is €460.8M making its interest coverage ratio 3.6. It has cash and short-term investments of €1.2B.
Key information
120.2%
Debt to equity ratio
€7.68b
Debt
Interest coverage ratio | 3.6x |
Cash | €1.23b |
Equity | €6.39b |
Total liabilities | €9.39b |
Total assets | €15.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CTPV.F's short term assets (€1.6B) exceed its short term liabilities (€468.6M).
Long Term Liabilities: CTPV.F's short term assets (€1.6B) do not cover its long term liabilities (€8.9B).
Debt to Equity History and Analysis
Debt Level: CTPV.F's net debt to equity ratio (100.9%) is considered high.
Reducing Debt: CTPV.F's debt to equity ratio has reduced from 245.9% to 120.2% over the past 5 years.
Debt Coverage: CTPV.F's debt is not well covered by operating cash flow (5.2%).
Interest Coverage: CTPV.F's interest payments on its debt are well covered by EBIT (3.6x coverage).