Terna Balance Sheet Health
Financial Health criteria checks 2/6
Terna has a total shareholder equity of €7.5B and total debt of €12.9B, which brings its debt-to-equity ratio to 172.2%. Its total assets and total liabilities are €24.1B and €16.6B respectively. Terna's EBIT is €1.6B making its interest coverage ratio 13. It has cash and short-term investments of €2.9B.
Key information
172.2%
Debt to equity ratio
€12.93b
Debt
| Interest coverage ratio | 13x |
| Cash | €2.91b |
| Equity | €7.51b |
| Total liabilities | €16.60b |
| Total assets | €24.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TERR.F's short term assets (€4.2B) do not cover its short term liabilities (€6.1B).
Long Term Liabilities: TERR.F's short term assets (€4.2B) do not cover its long term liabilities (€10.5B).
Debt to Equity History and Analysis
Debt Level: TERR.F's net debt to equity ratio (133.4%) is considered high.
Reducing Debt: TERR.F's debt to equity ratio has reduced from 258.1% to 172.2% over the past 5 years.
Debt Coverage: TERR.F's debt is not well covered by operating cash flow (14.7%).
Interest Coverage: TERR.F's interest payments on its debt are well covered by EBIT (13x coverage).