freenet Balance Sheet Health
Financial Health criteria checks 4/6
freenet has a total shareholder equity of €1.4B and total debt of €432.9M, which brings its debt-to-equity ratio to 30.2%. Its total assets and total liabilities are €3.3B and €1.8B respectively. freenet's EBIT is €351.0M making its interest coverage ratio 15.6. It has cash and short-term investments of €131.1M.
Key information
30.2%
Debt to equity ratio
€432.90m
Debt
| Interest coverage ratio | 15.6x |
| Cash | €131.10m |
| Equity | €1.43b |
| Total liabilities | €1.85b |
| Total assets | €3.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FRTA.F's short term assets (€702.6M) do not cover its short term liabilities (€931.8M).
Long Term Liabilities: FRTA.F's short term assets (€702.6M) do not cover its long term liabilities (€916.6M).
Debt to Equity History and Analysis
Debt Level: FRTA.F's net debt to equity ratio (21%) is considered satisfactory.
Reducing Debt: FRTA.F's debt to equity ratio has reduced from 139.3% to 30.2% over the past 5 years.
Debt Coverage: FRTA.F's debt is well covered by operating cash flow (86.9%).
Interest Coverage: FRTA.F's interest payments on its debt are well covered by EBIT (15.6x coverage).