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 ratio | 83.7x |
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 08Pinning Down Enefit Green AS' (TAL:EGR1T) P/E Is Difficult Right Now
Jun 07Enefit Green AS (TAL:EGR1T) Reported Earnings Last Week And Analysts Are Already Upgrading Their Estimates
May 05The Consensus EPS Estimates For Enefit Green AS (TAL:EGR1T) Just Fell Dramatically
Mar 05Earnings Miss: Enefit Green AS Missed EPS By 19% And Analysts Are Revising Their Forecasts
Mar 04Calculating The Intrinsic Value Of Enefit Green AS (TAL:EGR1T)
Mar 02Enefit Green AS (TAL:EGR1T) Reported Earnings Last Week And Analysts Are Already Upgrading Their Estimates
Mar 03Broker Revenue Forecasts For Enefit Green AS (TAL:EGR1T) Are Surging Higher
Sep 28Calculating The Intrinsic Value Of Enefit Green AS (TAL:EGR1T)
Sep 21Statutory Profit Doesn't Reflect How Good Enefit Green's (TAL:EGR1T) Earnings Are
Aug 11Financial 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).