ABO Wind Balance Sheet Health
Financial Health criteria checks 3/6
ABO Wind has a total shareholder equity of €192.8M and total debt of €213.8M, which brings its debt-to-equity ratio to 110.9%. Its total assets and total liabilities are €493.9M and €301.2M respectively. ABO Wind's EBIT is €54.3M making its interest coverage ratio -122.8. It has cash and short-term investments of €46.7M.
Key information
110.9%
Debt to equity ratio
€213.76m
Debt
| Interest coverage ratio | -122.8x |
| Cash | €46.68m |
| Equity | €192.77m |
| Total liabilities | €301.17m |
| Total assets | €493.95m |
Recent financial health updates
No updates
Recent updates
ABO Wind AG's (ETR:AB9) Price Is Out Of Tune With Earnings
Apr 11
ABO Wind (ETR:AB9) Strong Profits May Be Masking Some Underlying Issues
Mar 22ABO Wind AG's (ETR:AB9) Intrinsic Value Is Potentially 86% Above Its Share Price
Mar 17Return Trends At ABO Wind (ETR:AB9) Aren't Appealing
Feb 13Is It Too Late To Consider Buying ABO Wind AG (ETR:AB9)?
Jan 17Is Now The Time To Look At Buying ABO Wind AG (ETR:AB9)?
Jun 02We Like ABO Wind's (ETR:AB9) Earnings For More Than Just Statutory Profit
Mar 21ABO Wind's (ETR:AB9) Returns On Capital Not Reflecting Well On The Business
Feb 25Is Now An Opportune Moment To Examine ABO Wind AG (ETR:AB9)?
Jan 28There's Reason For Concern Over ABO Wind AG's (ETR:AB9) Massive 25% Price Jump
Mar 28Financial Position Analysis
Short Term Liabilities: AB9's short term assets (€475.5M) exceed its short term liabilities (€81.6M).
Long Term Liabilities: AB9's short term assets (€475.5M) exceed its long term liabilities (€219.6M).
Debt to Equity History and Analysis
Debt Level: AB9's net debt to equity ratio (86.7%) is considered high.
Reducing Debt: AB9's debt to equity ratio has increased from 69.7% to 110.9% over the past 5 years.
Debt Coverage: AB9's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: AB9 earns more interest than it pays, so coverage of interest payments is not a concern.