Proximus Balance Sheet Health
Financial Health criteria checks 2/6
Proximus has a total shareholder equity of €3.8B and total debt of €4.9B, which brings its debt-to-equity ratio to 129.5%. Its total assets and total liabilities are €12.9B and €9.1B respectively. Proximus's EBIT is €738.0M making its interest coverage ratio 6.7. It has cash and short-term investments of €302.0M.
Key information
129.5%
Debt to equity ratio
€4.90b
Debt
| Interest coverage ratio | 6.7x |
| Cash | €302.00m |
| Equity | €3.79b |
| Total liabilities | €9.08b |
| Total assets | €12.87b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BGAO.Y's short term assets (€2.2B) do not cover its short term liabilities (€2.8B).
Long Term Liabilities: BGAO.Y's short term assets (€2.2B) do not cover its long term liabilities (€6.2B).
Debt to Equity History and Analysis
Debt Level: BGAO.Y's net debt to equity ratio (121.5%) is considered high.
Reducing Debt: BGAO.Y's debt to equity ratio has increased from 73.1% to 129.5% over the past 5 years.
Debt Coverage: BGAO.Y's debt is well covered by operating cash flow (32.6%).
Interest Coverage: BGAO.Y's interest payments on its debt are well covered by EBIT (6.7x coverage).