Enel Balance Sheet Health
Financial Health criteria checks 2/6
Enel has a total shareholder equity of €48.5B and total debt of €72.4B, which brings its debt-to-equity ratio to 149.2%. Its total assets and total liabilities are €192.3B and €143.7B respectively. Enel's EBIT is €15.3B making its interest coverage ratio 5.3. It has cash and short-term investments of €13.3B.
Key information
149.2%
Debt to equity ratio
€72.38b
Debt
| Interest coverage ratio | 5.3x |
| Cash | €13.31b |
| Equity | €48.52b |
| Total liabilities | €143.74b |
| Total assets | €192.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ENLA's short term assets (€45.7B) do not cover its short term liabilities (€51.3B).
Long Term Liabilities: ENLA's short term assets (€45.7B) do not cover its long term liabilities (€92.4B).
Debt to Equity History and Analysis
Debt Level: ENLA's net debt to equity ratio (121.7%) is considered high.
Reducing Debt: ENLA's debt to equity ratio has increased from 123.6% to 149.2% over the past 5 years.
Debt Coverage: ENLA's debt is well covered by operating cash flow (20.4%).
Interest Coverage: ENLA's interest payments on its debt are well covered by EBIT (5.3x coverage).