EDP Balance Sheet Health
Financial Health criteria checks 2/6
EDP has a total shareholder equity of €16.7B and total debt of €22.4B, which brings its debt-to-equity ratio to 134%. Its total assets and total liabilities are €54.9B and €38.2B respectively. EDP's EBIT is €2.3B making its interest coverage ratio 3.9. It has cash and short-term investments of €1.9B.
Key information
134.0%
Debt to equity ratio
€22.35b
Debt
| Interest coverage ratio | 3.9x |
| Cash | €1.91b |
| Equity | €16.68b |
| Total liabilities | €38.24b |
| Total assets | €54.92b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EDPA's short term assets (€9.8B) do not cover its short term liabilities (€10.1B).
Long Term Liabilities: EDPA's short term assets (€9.8B) do not cover its long term liabilities (€28.2B).
Debt to Equity History and Analysis
Debt Level: EDPA's net debt to equity ratio (122.5%) is considered high.
Reducing Debt: EDPA's debt to equity ratio has reduced from 135.1% to 134% over the past 5 years.
Debt Coverage: EDPA's debt is not well covered by operating cash flow (17.3%).
Interest Coverage: EDPA's interest payments on its debt are well covered by EBIT (3.9x coverage).