7C Solarparken Balance Sheet Health
Financial Health criteria checks 4/6
7C Solarparken has a total shareholder equity of €250.2M and total debt of €210.1M, which brings its debt-to-equity ratio to 84%. Its total assets and total liabilities are €564.4M and €314.2M respectively. 7C Solarparken's EBIT is €24.7M making its interest coverage ratio 4.8. It has cash and short-term investments of €80.6M.
Key information
84.0%
Debt to equity ratio
€210.09m
Debt
Interest coverage ratio | 4.8x |
Cash | €80.56m |
Equity | €250.16m |
Total liabilities | €314.20m |
Total assets | €564.36m |
Recent financial health updates
Recent updates
7C Solarparken (ETR:HRPK) Seems To Use Debt Quite Sensibly
May 04A Look At The Intrinsic Value Of 7C Solarparken AG (ETR:HRPK)
Apr 12What Can The Trends At 7C Solarparken (ETR:HRPK) Tell Us About Their Returns?
Mar 04Can 7C Solarparken AG (ETR:HRPK) Maintain Its Strong Returns?
Feb 03What Is The Ownership Structure Like For 7C Solarparken AG (ETR:HRPK)?
Jan 17Did You Participate In Any Of 7C Solarparken's (ETR:HRPK) Fantastic 128% Return ?
Dec 30Should You Rely On 7C Solarparken's (ETR:HRPK) Earnings Growth?
Dec 17We Like These Underlying Trends At 7C Solarparken (ETR:HRPK)
Dec 03Does 7C Solarparken's (ETR:HRPK) CEO Salary Compare Well With Industry Peers?
Nov 18Financial Position Analysis
Short Term Liabilities: HRPK's short term assets (€104.1M) exceed its short term liabilities (€50.2M).
Long Term Liabilities: HRPK's short term assets (€104.1M) do not cover its long term liabilities (€264.0M).
Debt to Equity History and Analysis
Debt Level: HRPK's net debt to equity ratio (51.8%) is considered high.
Reducing Debt: HRPK's debt to equity ratio has reduced from 200.6% to 84% over the past 5 years.
Debt Coverage: HRPK's debt is well covered by operating cash flow (21.4%).
Interest Coverage: HRPK's interest payments on its debt are well covered by EBIT (4.8x coverage).