ACEA Balance Sheet Health
Financial Health criteria checks 1/6
ACEA has a total shareholder equity of €2.9B and total debt of €5.6B, which brings its debt-to-equity ratio to 191.9%. Its total assets and total liabilities are €11.8B and €8.9B respectively. ACEA's EBIT is €534.1M making its interest coverage ratio 4.7. It has cash and short-term investments of €350.8M.
Key information
191.9%
Debt to equity ratio
€5.61b
Debt
Interest coverage ratio | 4.7x |
Cash | €350.79m |
Equity | €2.92b |
Total liabilities | €8.92b |
Total assets | €11.84b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ACEJ.F's short term assets (€2.5B) do not cover its short term liabilities (€3.4B).
Long Term Liabilities: ACEJ.F's short term assets (€2.5B) do not cover its long term liabilities (€5.5B).
Debt to Equity History and Analysis
Debt Level: ACEJ.F's net debt to equity ratio (179.9%) is considered high.
Reducing Debt: ACEJ.F's debt to equity ratio has increased from 189.2% to 191.9% over the past 5 years.
Debt Coverage: ACEJ.F's debt is not well covered by operating cash flow (16.9%).
Interest Coverage: ACEJ.F's interest payments on its debt are well covered by EBIT (4.7x coverage).