EDP - Energias de Portugal Balance Sheet Health
Financial Health criteria checks 2/6
EDP - Energias de Portugal has a total shareholder equity of €16.7B and total debt of €21.4B, which brings its debt-to-equity ratio to 128.3%. Its total assets and total liabilities are €56.7B and €40.0B respectively. EDP - Energias de Portugal's EBIT is €2.0B making its interest coverage ratio 3.4. It has cash and short-term investments of €3.4B.
Key information
128.3%
Debt to equity ratio
€21.37b
Debt
Interest coverage ratio | 3.4x |
Cash | €3.38b |
Equity | €16.66b |
Total liabilities | €40.04b |
Total assets | €56.70b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EDP's short term assets (€12.1B) do not cover its short term liabilities (€13.4B).
Long Term Liabilities: EDP's short term assets (€12.1B) do not cover its long term liabilities (€26.7B).
Debt to Equity History and Analysis
Debt Level: EDP's net debt to equity ratio (108%) is considered high.
Reducing Debt: EDP's debt to equity ratio has reduced from 129.7% to 128.3% over the past 5 years.
Debt Coverage: EDP's debt is not well covered by operating cash flow (10.2%).
Interest Coverage: EDP's interest payments on its debt are well covered by EBIT (3.4x coverage).