EDP Renováveis Balance Sheet Health
Financial Health criteria checks 0/6
EDP Renováveis has a total shareholder equity of €13.0B and total debt of €8.3B, which brings its debt-to-equity ratio to 64.2%. Its total assets and total liabilities are €30.5B and €17.6B respectively. EDP Renováveis's EBIT is €288.7M making its interest coverage ratio 1.6. It has cash and short-term investments of €647.7M.
Key information
64.2%
Debt to equity ratio
€8.33b
Debt
| Interest coverage ratio | 1.6x |
| Cash | €647.67m |
| Equity | €12.98b |
| Total liabilities | €17.57b |
| Total assets | €30.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EDW0's short term assets (€3.1B) do not cover its short term liabilities (€5.1B).
Long Term Liabilities: EDW0's short term assets (€3.1B) do not cover its long term liabilities (€12.5B).
Debt to Equity History and Analysis
Debt Level: EDW0's net debt to equity ratio (59.2%) is considered high.
Reducing Debt: EDW0's debt to equity ratio has increased from 52.8% to 64.2% over the past 5 years.
Debt Coverage: EDW0's debt is not well covered by operating cash flow (9.5%).
Interest Coverage: EDW0's interest payments on its debt are not well covered by EBIT (1.6x coverage).