Atlantia Balance Sheet Health
Financial Health criteria checks 1/6
Atlantia has a total shareholder equity of €22.2B and total debt of €36.4B, which brings its debt-to-equity ratio to 164.5%. Its total assets and total liabilities are €70.3B and €48.1B respectively. Atlantia's EBIT is €1.6B making its interest coverage ratio 2.3. It has cash and short-term investments of €14.3B.
Key information
164.5%
Debt to equity ratio
€36.45b
Debt
Interest coverage ratio | 2.3x |
Cash | €14.31b |
Equity | €22.16b |
Total liabilities | €48.12b |
Total assets | €70.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ATAS.F's short term assets (€18.1B) exceed its short term liabilities (€7.2B).
Long Term Liabilities: ATAS.F's short term assets (€18.1B) do not cover its long term liabilities (€40.9B).
Debt to Equity History and Analysis
Debt Level: ATAS.F's net debt to equity ratio (99.9%) is considered high.
Reducing Debt: ATAS.F's debt to equity ratio has increased from 151.3% to 164.5% over the past 5 years.
Debt Coverage: ATAS.F's debt is not well covered by operating cash flow (11.1%).
Interest Coverage: ATAS.F's interest payments on its debt are not well covered by EBIT (2.3x coverage).