Terna Balance Sheet Health
Financial Health criteria checks 2/6
Terna has a total shareholder equity of €6.3B and total debt of €12.2B, which brings its debt-to-equity ratio to 192.5%. Its total assets and total liabilities are €23.4B and €17.1B respectively. Terna's EBIT is €1.4B making its interest coverage ratio 13.3. It has cash and short-term investments of €1.7B.
Key information
192.5%
Debt to equity ratio
€12.21b
Debt
Interest coverage ratio | 13.3x |
Cash | €1.74b |
Equity | €6.34b |
Total liabilities | €17.10b |
Total assets | €23.45b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TERR.F's short term assets (€4.3B) do not cover its short term liabilities (€6.4B).
Long Term Liabilities: TERR.F's short term assets (€4.3B) do not cover its long term liabilities (€10.7B).
Debt to Equity History and Analysis
Debt Level: TERR.F's net debt to equity ratio (165%) is considered high.
Reducing Debt: TERR.F's debt to equity ratio has reduced from 237.5% to 192.5% over the past 5 years.
Debt Coverage: TERR.F's debt is not well covered by operating cash flow (8.9%).
Interest Coverage: TERR.F's interest payments on its debt are well covered by EBIT (13.3x coverage).