Energa Balance Sheet Health
Financial Health criteria checks 2/6
Energa has a total shareholder equity of PLN13.3B and total debt of PLN7.2B, which brings its debt-to-equity ratio to 54.6%. Its total assets and total liabilities are PLN32.0B and PLN18.7B respectively. Energa's EBIT is PLN1.1B making its interest coverage ratio 2. It has cash and short-term investments of PLN1.4B.
Key information
54.6%
Debt to equity ratio
zł7.24b
Debt
| Interest coverage ratio | 2x |
| Cash | zł1.35b |
| Equity | zł13.26b |
| Total liabilities | zł18.74b |
| Total assets | zł31.99b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EN2's short term assets (PLN7.4B) do not cover its short term liabilities (PLN10.8B).
Long Term Liabilities: EN2's short term assets (PLN7.4B) do not cover its long term liabilities (PLN8.0B).
Debt to Equity History and Analysis
Debt Level: EN2's net debt to equity ratio (44.4%) is considered high.
Reducing Debt: EN2's debt to equity ratio has reduced from 67% to 54.6% over the past 5 years.
Debt Coverage: EN2's debt is well covered by operating cash flow (37%).
Interest Coverage: EN2's interest payments on its debt are not well covered by EBIT (2x coverage).