E.ON Balance Sheet Health
Financial Health criteria checks 2/6
E.ON has a total shareholder equity of €23.7B and total debt of €37.7B, which brings its debt-to-equity ratio to 159.2%. Its total assets and total liabilities are €146.0B and €122.3B respectively. E.ON's EBIT is €5.7B making its interest coverage ratio -28.3. It has cash and short-term investments of €6.5B.
Key information
159.2%
Debt to equity ratio
€37.72b
Debt
Interest coverage ratio | -28.3x |
Cash | €6.52b |
Equity | €23.69b |
Total liabilities | €122.30b |
Total assets | €145.99b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EOAN's short term assets (€51.9B) do not cover its short term liabilities (€52.9B).
Long Term Liabilities: EOAN's short term assets (€51.9B) do not cover its long term liabilities (€69.4B).
Debt to Equity History and Analysis
Debt Level: EOAN's net debt to equity ratio (131.7%) is considered high.
Reducing Debt: EOAN's debt to equity ratio has reduced from 231.2% to 159.2% over the past 5 years.
Debt Coverage: EOAN's debt is not well covered by operating cash flow (12.4%).
Interest Coverage: EOAN earns more interest than it pays, so coverage of interest payments is not a concern.