Enefit Green Balance Sheet Health

Financial Health criteria checks 2/6

Enefit Green has a total shareholder equity of €731.9M and total debt of €684.6M, which brings its debt-to-equity ratio to 93.5%. Its total assets and total liabilities are €1.5B and €770.1M respectively. Enefit Green's EBIT is €60.2M making its interest coverage ratio 83.7. It has cash and short-term investments of €33.8M.

Key information

93.5%

Debt to equity ratio

€684.56m

Debt

Interest coverage ratio83.7x
Cash€33.84m
Equity€731.94m
Total liabilities€770.13m
Total assets€1.50b

Recent financial health updates

No updates

Recent updates

We Think That There Are More Issues For Enefit Green (TAL:EGR1T) Than Just Sluggish Earnings

Nov 08
We Think That There Are More Issues For Enefit Green (TAL:EGR1T) Than Just Sluggish Earnings

Pinning Down Enefit Green AS' (TAL:EGR1T) P/E Is Difficult Right Now

Jun 07
Pinning Down Enefit Green AS' (TAL:EGR1T) P/E Is Difficult Right Now

Enefit Green AS (TAL:EGR1T) Reported Earnings Last Week And Analysts Are Already Upgrading Their Estimates

May 05
Enefit Green AS (TAL:EGR1T) Reported Earnings Last Week And Analysts Are Already Upgrading Their Estimates

The Consensus EPS Estimates For Enefit Green AS (TAL:EGR1T) Just Fell Dramatically

Mar 05
The Consensus EPS Estimates For Enefit Green AS (TAL:EGR1T) Just Fell Dramatically

Earnings Miss: Enefit Green AS Missed EPS By 19% And Analysts Are Revising Their Forecasts

Mar 04
Earnings Miss: Enefit Green AS Missed EPS By 19% And Analysts Are Revising Their Forecasts

Calculating The Intrinsic Value Of Enefit Green AS (TAL:EGR1T)

Mar 02
Calculating The Intrinsic Value Of Enefit Green AS (TAL:EGR1T)

Enefit Green AS (TAL:EGR1T) Reported Earnings Last Week And Analysts Are Already Upgrading Their Estimates

Mar 03
Enefit Green AS (TAL:EGR1T) Reported Earnings Last Week And Analysts Are Already Upgrading Their Estimates

Broker Revenue Forecasts For Enefit Green AS (TAL:EGR1T) Are Surging Higher

Sep 28
Broker Revenue Forecasts For Enefit Green AS (TAL:EGR1T) Are Surging Higher

Calculating The Intrinsic Value Of Enefit Green AS (TAL:EGR1T)

Sep 21
Calculating The Intrinsic Value Of Enefit Green AS (TAL:EGR1T)

Statutory Profit Doesn't Reflect How Good Enefit Green's (TAL:EGR1T) Earnings Are

Aug 11
Statutory Profit Doesn't Reflect How Good Enefit Green's (TAL:EGR1T) Earnings Are

Financial Position Analysis

Short Term Liabilities: EGR1T's short term assets (€62.1M) do not cover its short term liabilities (€106.4M).

Long Term Liabilities: EGR1T's short term assets (€62.1M) do not cover its long term liabilities (€663.7M).


Debt to Equity History and Analysis

Debt Level: EGR1T's net debt to equity ratio (88.9%) is considered high.

Reducing Debt: EGR1T's debt to equity ratio has reduced from 96.9% to 93.5% over the past 5 years.

Debt Coverage: EGR1T's debt is not well covered by operating cash flow (11.1%).

Interest Coverage: EGR1T's interest payments on its debt are well covered by EBIT (83.7x coverage).


Balance Sheet


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