Energiekontor Balance Sheet Health
Financial Health criteria checks 4/6
Energiekontor has a total shareholder equity of €186.1M and total debt of €311.3M, which brings its debt-to-equity ratio to 167.2%. Its total assets and total liabilities are €721.6M and €535.5M respectively. Energiekontor's EBIT is €115.2M making its interest coverage ratio 6.1. It has cash and short-term investments of €175.6M.
Key information
167.2%
Debt to equity ratio
€311.26m
Debt
Interest coverage ratio | 6.1x |
Cash | €175.57m |
Equity | €186.13m |
Total liabilities | €535.52m |
Total assets | €721.65m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EKT's short term assets (€365.5M) exceed its short term liabilities (€158.0M).
Long Term Liabilities: EKT's short term assets (€365.5M) do not cover its long term liabilities (€377.6M).
Debt to Equity History and Analysis
Debt Level: EKT's net debt to equity ratio (72.9%) is considered high.
Reducing Debt: EKT's debt to equity ratio has reduced from 325.1% to 167.2% over the past 5 years.
Debt Coverage: EKT's debt is well covered by operating cash flow (46.5%).
Interest Coverage: EKT's interest payments on its debt are well covered by EBIT (6.1x coverage).