Acciona Balance Sheet Health
Financial Health criteria checks 2/6
Acciona has a total shareholder equity of €6.5B and total debt of €10.9B, which brings its debt-to-equity ratio to 166.5%. Its total assets and total liabilities are €32.7B and €26.2B respectively. Acciona's EBIT is €726.0M making its interest coverage ratio 1.2. It has cash and short-term investments of €3.5B.
Key information
166.5%
Debt to equity ratio
€10.85b
Debt
| Interest coverage ratio | 1.2x |
| Cash | €3.47b |
| Equity | €6.52b |
| Total liabilities | €26.20b |
| Total assets | €32.71b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AJ3's short term assets (€13.5B) exceed its short term liabilities (€12.6B).
Long Term Liabilities: AJ3's short term assets (€13.5B) do not cover its long term liabilities (€13.6B).
Debt to Equity History and Analysis
Debt Level: AJ3's net debt to equity ratio (113.3%) is considered high.
Reducing Debt: AJ3's debt to equity ratio has reduced from 181.8% to 166.5% over the past 5 years.
Debt Coverage: AJ3's debt is not well covered by operating cash flow (15.9%).
Interest Coverage: AJ3's interest payments on its debt are not well covered by EBIT (1.2x coverage).