HELLENiQ ENERGY Holdings Balance Sheet Health
Financial Health criteria checks 5/6
HELLENiQ ENERGY Holdings has a total shareholder equity of €2.8B and total debt of €2.4B, which brings its debt-to-equity ratio to 85.4%. Its total assets and total liabilities are €7.8B and €5.0B respectively. HELLENiQ ENERGY Holdings's EBIT is €495.7M making its interest coverage ratio 4.5. It has cash and short-term investments of €584.4M.
Key information
85.4%
Debt to equity ratio
€2.36b
Debt
| Interest coverage ratio | 4.5x |
| Cash | €584.41m |
| Equity | €2.76b |
| Total liabilities | €5.01b |
| Total assets | €7.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HLPN's short term assets (€3.0B) exceed its short term liabilities (€2.5B).
Long Term Liabilities: HLPN's short term assets (€3.0B) exceed its long term liabilities (€2.5B).
Debt to Equity History and Analysis
Debt Level: HLPN's net debt to equity ratio (64.2%) is considered high.
Reducing Debt: HLPN's debt to equity ratio has reduced from 100.3% to 85.4% over the past 5 years.
Debt Coverage: HLPN's debt is well covered by operating cash flow (20.6%).
Interest Coverage: HLPN's interest payments on its debt are well covered by EBIT (4.5x coverage).