Ceconomy Balance Sheet Health
Financial Health criteria checks 2/6
Ceconomy has a total shareholder equity of €488.0M and total debt of €2.6B, which brings its debt-to-equity ratio to 537.3%. Its total assets and total liabilities are €9.2B and €8.8B respectively. Ceconomy's EBIT is €63.0M making its interest coverage ratio 0.9. It has cash and short-term investments of €654.0M.
Key information
537.3%
Debt to equity ratio
€2.62b
Debt
Interest coverage ratio | 0.9x |
Cash | €654.00m |
Equity | €488.00m |
Total liabilities | €8.75b |
Total assets | €9.24b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MTAG.F's short term assets (€5.6B) do not cover its short term liabilities (€6.3B).
Long Term Liabilities: MTAG.F's short term assets (€5.6B) exceed its long term liabilities (€2.5B).
Debt to Equity History and Analysis
Debt Level: MTAG.F's net debt to equity ratio (403.3%) is considered high.
Reducing Debt: MTAG.F's debt to equity ratio has increased from 170.8% to 537.3% over the past 5 years.
Debt Coverage: MTAG.F's debt is well covered by operating cash flow (46.4%).
Interest Coverage: MTAG.F's interest payments on its debt are not well covered by EBIT (0.9x coverage).