Cellnex Telecom Balance Sheet Health
Financial Health criteria checks 3/6
Cellnex Telecom has a total shareholder equity of €15.2B and total debt of €17.9B, which brings its debt-to-equity ratio to 117.7%. Its total assets and total liabilities are €43.9B and €28.7B respectively. Cellnex Telecom's EBIT is €509.3M making its interest coverage ratio 0.7. It has cash and short-term investments of €395.0M.
Key information
117.7%
Debt to equity ratio
€17.88b
Debt
Interest coverage ratio | 0.7x |
Cash | €395.00m |
Equity | €15.19b |
Total liabilities | €28.67b |
Total assets | €43.85b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CLNX.F's short term assets (€2.8B) exceed its short term liabilities (€2.6B).
Long Term Liabilities: CLNX.F's short term assets (€2.8B) do not cover its long term liabilities (€26.0B).
Debt to Equity History and Analysis
Debt Level: CLNX.F's net debt to equity ratio (115.1%) is considered high.
Reducing Debt: CLNX.F's debt to equity ratio has reduced from 182.7% to 117.7% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: CLNX.F has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if CLNX.F has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.