2G Energy Balance Sheet Health
Financial Health criteria checks 6/6
2G Energy has a total shareholder equity of €123.8M and total debt of €9.6M, which brings its debt-to-equity ratio to 7.8%. Its total assets and total liabilities are €232.7M and €108.9M respectively. 2G Energy's EBIT is €27.4M making its interest coverage ratio 44.7. It has cash and short-term investments of €11.1M.
Key information
7.8%
Debt to equity ratio
€9.63m
Debt
| Interest coverage ratio | 44.7x |
| Cash | €11.08m |
| Equity | €123.82m |
| Total liabilities | €108.92m |
| Total assets | €232.74m |
Recent financial health updates
These 4 Measures Indicate That 2G Energy (ETR:2GB) Is Using Debt Reasonably Well
Sep 07
Is 2G Energy (ETR:2GB) Using Too Much Debt?
Apr 28We Think 2G Energy (ETR:2GB) Can Stay On Top Of Its Debt
Sep 21Recent updates
These 4 Measures Indicate That 2G Energy (ETR:2GB) Is Using Debt Reasonably Well
Sep 07Investors Appear Satisfied With 2G Energy AG's (ETR:2GB) Prospects As Shares Rocket 26%
May 072G Energy AG (ETR:2GB) Shares Could Be 21% Below Their Intrinsic Value Estimate
Jan 26When Should You Buy 2G Energy AG (ETR:2GB)?
Nov 052G Energy's (ETR:2GB) Returns On Capital Are Heading Higher
Aug 29A Look At The Intrinsic Value Of 2G Energy AG (ETR:2GB)
May 28What Does 2G Energy AG's (ETR:2GB) Share Price Indicate?
Jan 312G Energy (ETR:2GB) Ticks All The Boxes When It Comes To Earnings Growth
Aug 24Returns On Capital Are Showing Encouraging Signs At 2G Energy (ETR:2GB)
Jul 02At €96.70, Is 2G Energy AG (ETR:2GB) Worth Looking At Closely?
Jun 14Is 2G Energy (ETR:2GB) Using Too Much Debt?
Apr 28I Built A List Of Growing Companies And 2G Energy (ETR:2GB) Made The Cut
Apr 12Do 2G Energy's (ETR:2GB) Earnings Warrant Your Attention?
Jan 10Investors Will Want 2G Energy's (ETR:2GB) Growth In ROCE To Persist
Nov 18We Think 2G Energy (ETR:2GB) Can Stay On Top Of Its Debt
Sep 21Here's Why I Think 2G Energy (ETR:2GB) Is An Interesting Stock
Apr 29Is 2G Energy AG (ETR:2GB) An Attractive Dividend Stock?
Apr 072G Energy AG's (ETR:2GB) Intrinsic Value Is Potentially 22% Below Its Share Price
Mar 14How Much Of 2G Energy AG (ETR:2GB) Do Insiders Own?
Mar 01What Is 2G Energy AG's (ETR:2GB) Share Price Doing?
Feb 16
Shareholders of 2G Energy (ETR:2GB) Must Be Delighted With Their 485% Total Return
Feb 042G Energy (ETR:2GB) Is Growing Earnings But Are They A Good Guide?
Jan 24Will The ROCE Trend At 2G Energy (ETR:2GB) Continue?
Jan 12Is It Worth Buying 2G Energy AG (ETR:2GB) For Its 0.5% Dividend Yield?
Jan 01Does 2G Energy (ETR:2GB) Deserve A Spot On Your Watchlist?
Dec 21Does This Valuation Of 2G Energy AG (ETR:2GB) Imply Investors Are Overpaying?
Dec 12Is 2G Energy AG's(ETR:2GB) Recent Stock Performance Tethered To Its Strong Fundamentals?
Dec 02What Kind Of Investors Own Most Of 2G Energy AG (ETR:2GB)?
Nov 22I Ran A Stock Scan For Earnings Growth And 2G Energy (ETR:2GB) Passed With Ease
Sep 14A Look At The Fair Value Of 2G Energy AG (ETR:2GB)
Sep 042G Energy AG's (ETR:2GB) Stock Is Going Strong: Is the Market Following Fundamentals?
Aug 23Is Now An Opportune Moment To Examine 2G Energy AG (ETR:2GB)?
Aug 11Financial Position Analysis
Short Term Liabilities: 2GB's short term assets (€189.9M) exceed its short term liabilities (€92.8M).
Long Term Liabilities: 2GB's short term assets (€189.9M) exceed its long term liabilities (€16.2M).
Debt to Equity History and Analysis
Debt Level: 2GB has more cash than its total debt.
Reducing Debt: 2GB's debt to equity ratio has reduced from 26.4% to 7.8% over the past 5 years.
Debt Coverage: 2GB's debt is well covered by operating cash flow (170.5%).
Interest Coverage: 2GB's interest payments on its debt are well covered by EBIT (44.7x coverage).