Enel Balance Sheet Health
Financial Health criteria checks 2/6
Enel has a total shareholder equity of €48.2B and total debt of €75.1B, which brings its debt-to-equity ratio to 155.9%. Its total assets and total liabilities are €194.3B and €146.1B respectively. Enel's EBIT is €13.7B making its interest coverage ratio 4.9. It has cash and short-term investments of €6.8B.
Key information
155.9%
Debt to equity ratio
€75.13b
Debt
Interest coverage ratio | 4.9x |
Cash | €6.78b |
Equity | €48.19b |
Total liabilities | €146.12b |
Total assets | €194.30b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ENL's short term assets (€47.9B) do not cover its short term liabilities (€54.1B).
Long Term Liabilities: ENL's short term assets (€47.9B) do not cover its long term liabilities (€92.0B).
Debt to Equity History and Analysis
Debt Level: ENL's net debt to equity ratio (141.9%) is considered high.
Reducing Debt: ENL's debt to equity ratio has increased from 122.7% to 155.9% over the past 5 years.
Debt Coverage: ENL's debt is well covered by operating cash flow (21%).
Interest Coverage: ENL's interest payments on its debt are well covered by EBIT (4.9x coverage).