Engie Balance Sheet Health
Financial Health criteria checks 3/6
Engie has a total shareholder equity of €34.7B and total debt of €37.8B, which brings its debt-to-equity ratio to 108.9%. Its total assets and total liabilities are €191.7B and €157.0B respectively. Engie's EBIT is €1.6B making its interest coverage ratio 1.3. It has cash and short-term investments of €16.5B.
Key information
108.9%
Debt to equity ratio
€37.84b
Debt
| Interest coverage ratio | 1.3x |
| Cash | €16.53b |
| Equity | €34.74b |
| Total liabilities | €157.00b |
| Total assets | €191.74b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GZF's short term assets (€76.5B) do not cover its short term liabilities (€81.2B).
Long Term Liabilities: GZF's short term assets (€76.5B) exceed its long term liabilities (€75.8B).
Debt to Equity History and Analysis
Debt Level: GZF's net debt to equity ratio (61.3%) is considered high.
Reducing Debt: GZF's debt to equity ratio has increased from 77.8% to 108.9% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable GZF has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: GZF is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 1.2% per year.