ABO Energy GmbH KGaA Balance Sheet Health
Financial Health criteria checks 3/6
ABO Energy GmbH KGaA has a total shareholder equity of €199.1M and total debt of €300.9M, which brings its debt-to-equity ratio to 151.2%. Its total assets and total liabilities are €588.8M and €389.7M respectively. ABO Energy GmbH KGaA's EBIT is €59.5M making its interest coverage ratio -683.6. It has cash and short-term investments of €27.0M.
Key information
151.2%
Debt to equity ratio
€300.87m
Debt
| Interest coverage ratio | -683.6x |
| Cash | €27.02m |
| Equity | €199.05m |
| Total liabilities | €389.70m |
| Total assets | €588.75m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AB9's short term assets (€570.2M) exceed its short term liabilities (€85.1M).
Long Term Liabilities: AB9's short term assets (€570.2M) exceed its long term liabilities (€304.6M).
Debt to Equity History and Analysis
Debt Level: AB9's net debt to equity ratio (137.6%) is considered high.
Reducing Debt: AB9's debt to equity ratio has increased from 85.8% to 151.2% 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.