PNE Balance Sheet Health
Financial Health criteria checks 1/6
PNE has a total shareholder equity of €204.2M and total debt of €865.1M, which brings its debt-to-equity ratio to 423.7%. Its total assets and total liabilities are €1.2B and €977.4M respectively. PNE's EBIT is €3.9M making its interest coverage ratio 1.1. It has cash and short-term investments of €130.1M.
Key information
423.7%
Debt to equity ratio
€865.10m
Debt
| Interest coverage ratio | 1.1x |
| Cash | €130.10m |
| Equity | €204.20m |
| Total liabilities | €977.40m |
| Total assets | €1.18b |
Recent financial health updates
We Think PNE (ETR:PNE3) Has A Fair Chunk Of Debt
Mar 08
These 4 Measures Indicate That PNE (ETR:PNE3) Is Using Debt In A Risky Way
Oct 21Here's Why PNE (ETR:PNE3) Can Afford Some Debt
Jul 06Is PNE (ETR:PNE3) Using Too Much Debt?
Mar 14We Think PNE (ETR:PNE3) Is Taking Some Risk With Its Debt
Oct 27We Think PNE (ETR:PNE3) Is Taking Some Risk With Its Debt
Jul 16Recent updates
We Think PNE (ETR:PNE3) Has A Fair Chunk Of Debt
Mar 08PNE AG's (ETR:PNE3) Earnings Haven't Escaped The Attention Of Investors
Dec 20These 4 Measures Indicate That PNE (ETR:PNE3) Is Using Debt In A Risky Way
Oct 21There Are Reasons To Feel Uneasy About PNE's (ETR:PNE3) Returns On Capital
Sep 07Here's Why PNE (ETR:PNE3) Can Afford Some Debt
Jul 06PNE (ETR:PNE3) Is Due To Pay A Dividend Of €0.08
Apr 12Is PNE (ETR:PNE3) Using Too Much Debt?
Mar 14PNE (ETR:PNE3) Might Be Having Difficulty Using Its Capital Effectively
Feb 21Here's Why PNE (ETR:PNE3) Has Caught The Eye Of Investors
Nov 30Is PNE AG (ETR:PNE3) Worth €21.2 Based On Its Intrinsic Value?
Nov 10We Think PNE (ETR:PNE3) Is Taking Some Risk With Its Debt
Oct 27Capital Allocation Trends At PNE (ETR:PNE3) Aren't Ideal
Oct 05Should You Be Adding PNE (ETR:PNE3) To Your Watchlist Today?
Aug 18We Think PNE (ETR:PNE3) Is Taking Some Risk With Its Debt
Jul 16PNE AG Just Reported A Surprise Profit And Analysts Updated Their Estimates
Apr 02PNE (ETR:PNE3) Takes On Some Risk With Its Use Of Debt
Jan 25PNE (ETR:PNE3) Is Posting Solid Earnings, But It Is Not All Good News
Nov 16Financial Position Analysis
Short Term Liabilities: PNE3's short term assets (€520.3M) exceed its short term liabilities (€160.7M).
Long Term Liabilities: PNE3's short term assets (€520.3M) do not cover its long term liabilities (€816.7M).
Debt to Equity History and Analysis
Debt Level: PNE3's net debt to equity ratio (359.9%) is considered high.
Reducing Debt: PNE3's debt to equity ratio has increased from 80.7% to 423.7% over the past 5 years.
Debt Coverage: PNE3's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: PNE3's interest payments on its debt are not well covered by EBIT (1.1x coverage).