Compagnie de l'Odet Balance Sheet Health
Financial Health criteria checks 6/6
Compagnie de l'Odet has a total shareholder equity of €36.6B and total debt of €5.9B, which brings its debt-to-equity ratio to 16.1%. Its total assets and total liabilities are €60.7B and €24.1B respectively. Compagnie de l'Odet's EBIT is €478.7M making its interest coverage ratio 4.9. It has cash and short-term investments of €7.7B.
Key information
16.1%
Debt to equity ratio
€5.90b
Debt
| Interest coverage ratio | 4.9x |
| Cash | €7.68b |
| Equity | €36.63b |
| Total liabilities | €24.07b |
| Total assets | €60.70b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FCOD.F's short term assets (€17.2B) exceed its short term liabilities (€14.6B).
Long Term Liabilities: FCOD.F's short term assets (€17.2B) exceed its long term liabilities (€9.4B).
Debt to Equity History and Analysis
Debt Level: FCOD.F has more cash than its total debt.
Reducing Debt: FCOD.F's debt to equity ratio has reduced from 50.3% to 16.1% 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: Whilst unprofitable FCOD.F has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: FCOD.F is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 5.3% per year.