Altarea Balance Sheet Health
Financial Health criteria checks 4/6
Altarea has a total shareholder equity of €3.7B and total debt of €2.6B, which brings its debt-to-equity ratio to 71%. Its total assets and total liabilities are €8.8B and €5.1B respectively. Altarea's EBIT is €259.3M making its interest coverage ratio 4.4. It has cash and short-term investments of €776.9M.
Key information
71.0%
Debt to equity ratio
€2.64b
Debt
Interest coverage ratio | 4.4x |
Cash | €776.90m |
Equity | €3.72b |
Total liabilities | €5.12b |
Total assets | €8.84b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ATRR.F's short term assets (€3.7B) exceed its short term liabilities (€2.6B).
Long Term Liabilities: ATRR.F's short term assets (€3.7B) exceed its long term liabilities (€2.5B).
Debt to Equity History and Analysis
Debt Level: ATRR.F's net debt to equity ratio (50.1%) is considered high.
Reducing Debt: ATRR.F's debt to equity ratio has reduced from 129.3% to 71% over the past 5 years.
Debt Coverage: ATRR.F's debt is not well covered by operating cash flow (11.1%).
Interest Coverage: ATRR.F's interest payments on its debt are well covered by EBIT (4.4x coverage).