A2A Balance Sheet Health
Financial Health criteria checks 3/6
A2A has a total shareholder equity of €4.5B and total debt of €6.0B, which brings its debt-to-equity ratio to 134.1%. Its total assets and total liabilities are €23.3B and €18.8B respectively. A2A's EBIT is €601.0M making its interest coverage ratio 10. It has cash and short-term investments of €1.6B.
Key information
134.1%
Debt to equity ratio
€6.03b
Debt
Interest coverage ratio | 10x |
Cash | €1.57b |
Equity | €4.50b |
Total liabilities | €18.76b |
Total assets | €23.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AEMM.F's short term assets (€13.4B) exceed its short term liabilities (€11.9B).
Long Term Liabilities: AEMM.F's short term assets (€13.4B) exceed its long term liabilities (€6.8B).
Debt to Equity History and Analysis
Debt Level: AEMM.F's net debt to equity ratio (99.2%) is considered high.
Reducing Debt: AEMM.F's debt to equity ratio has increased from 116.2% to 134.1% over the past 5 years.
Debt Coverage: AEMM.F's debt is not well covered by operating cash flow (18.5%).
Interest Coverage: AEMM.F's interest payments on its debt are well covered by EBIT (10x coverage).