ABO Energy GmbH KGaA Balance Sheet Health
Financial Health criteria checks 3/6
ABO Energy GmbH KGaA 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 Energy GmbH KGaA'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
Financial 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.