CTT - Correios De Portugal, S.A.

OTCPK:CTTP.Y Stock Report

Market Cap: US$668.3m

CTT - Correios De Portugal Balance Sheet Health

Financial Health criteria checks 3/6

CTT - Correios De Portugal has a total shareholder equity of €286.4M and total debt of €540.8M, which brings its debt-to-equity ratio to 188.8%. Its total assets and total liabilities are €5.1B and €4.8B respectively. CTT - Correios De Portugal's EBIT is €94.6M making its interest coverage ratio 1.9. It has cash and short-term investments of €1.4B.

Key information

188.8%

Debt to equity ratio

€540.84m

Debt

Interest coverage ratio1.9x
Cash€1.37b
Equity€286.39m
Total liabilities€4.80b
Total assets€5.08b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: CTTP.Y's short term assets (€2.7B) do not cover its short term liabilities (€4.1B).

Long Term Liabilities: CTTP.Y's short term assets (€2.7B) exceed its long term liabilities (€665.5M).


Debt to Equity History and Analysis

Debt Level: CTTP.Y has more cash than its total debt.

Reducing Debt: CTTP.Y's debt to equity ratio has increased from 24.8% to 188.8% over the past 5 years.

Debt Coverage: CTTP.Y's debt is well covered by operating cash flow (223.4%).

Interest Coverage: CTTP.Y's interest payments on its debt are not well covered by EBIT (1.9x coverage).


Balance Sheet


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