freenet Balance Sheet Health
Financial Health criteria checks 4/6
freenet has a total shareholder equity of €1.5B and total debt of €434.0M, which brings its debt-to-equity ratio to 29.2%. Its total assets and total liabilities are €3.4B and €1.9B respectively. freenet's EBIT is €269.9M making its interest coverage ratio 12.3. It has cash and short-term investments of €220.8M.
Key information
29.2%
Debt to equity ratio
€434.00m
Debt
Interest coverage ratio | 12.3x |
Cash | €220.80m |
Equity | €1.49b |
Total liabilities | €1.92b |
Total assets | €3.40b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FRTA.Y's short term assets (€796.9M) do not cover its short term liabilities (€1.1B).
Long Term Liabilities: FRTA.Y's short term assets (€796.9M) do not cover its long term liabilities (€804.1M).
Debt to Equity History and Analysis
Debt Level: FRTA.Y's net debt to equity ratio (14.4%) is considered satisfactory.
Reducing Debt: FRTA.Y's debt to equity ratio has reduced from 125.7% to 29.2% over the past 5 years.
Debt Coverage: FRTA.Y's debt is well covered by operating cash flow (92%).
Interest Coverage: FRTA.Y's interest payments on its debt are well covered by EBIT (12.3x coverage).