Corporación Acciona Energías Renovables, S.A.

DB:5BP Stock Report

Market Cap: €6.1b

Corporación Acciona Energías Renovables Balance Sheet Health

Financial Health criteria checks 3/6

Corporación Acciona Energías Renovables has a total shareholder equity of €6.1B and total debt of €5.0B, which brings its debt-to-equity ratio to 82.1%. Its total assets and total liabilities are €15.1B and €9.0B respectively. Corporación Acciona Energías Renovables's EBIT is €615.0M making its interest coverage ratio 4.2. It has cash and short-term investments of €487.0M.

Key information

82.1%

Debt to equity ratio

€5.01b

Debt

Interest coverage ratio4.2x
Cash€487.00m
Equity€6.10b
Total liabilities€8.99b
Total assets€15.09b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 5BP's short term assets (€2.4B) exceed its short term liabilities (€2.2B).

Long Term Liabilities: 5BP's short term assets (€2.4B) do not cover its long term liabilities (€6.8B).


Debt to Equity History and Analysis

Debt Level: 5BP's net debt to equity ratio (74.1%) is considered high.

Reducing Debt: 5BP's debt to equity ratio has reduced from 146.8% to 82.1% over the past 5 years.

Debt Coverage: 5BP's debt is not well covered by operating cash flow (8.7%).

Interest Coverage: 5BP's interest payments on its debt are well covered by EBIT (4.2x coverage).


Balance Sheet


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