ENCE Energía y Celulosa Balance Sheet Health
Financial Health criteria checks 3/6
ENCE Energía y Celulosa has a total shareholder equity of €650.7M and total debt of €591.9M, which brings its debt-to-equity ratio to 91%. Its total assets and total liabilities are €1.7B and €1.1B respectively. ENCE Energía y Celulosa's EBIT is €69.6M making its interest coverage ratio 2.1. It has cash and short-term investments of €322.1M.
Key information
91.0%
Debt to equity ratio
€591.90m
Debt
| Interest coverage ratio | 2.1x |
| Cash | €322.10m |
| Equity | €650.70m |
| Total liabilities | €1.05b |
| Total assets | €1.70b |
Recent financial health updates
Is ENCE Energía y Celulosa (BME:ENC) Using Too Much Debt?
Jun 28
Here's Why ENCE Energía y Celulosa (BME:ENC) Has A Meaningful Debt Burden
Oct 21Does ENCE Energía y Celulosa (BME:ENC) Have A Healthy Balance Sheet?
Jun 24Does ENCE Energía y Celulosa (BME:ENC) Have A Healthy Balance Sheet?
Jan 04ENCE Energía y Celulosa (BME:ENC) Has A Pretty Healthy Balance Sheet
Sep 21ENCE Energía y Celulosa (BME:ENC) Seems To Use Debt Quite Sensibly
Jun 11Recent updates
ENCE Energía y Celulosa, S.A. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Nov 02What You Can Learn From ENCE Energía y Celulosa, S.A.'s (BME:ENC) P/S
Sep 04We Think That There Are More Issues For ENCE Energía y Celulosa (BME:ENC) Than Just Sluggish Earnings
Aug 07A Look At The Fair Value Of ENCE Energía y Celulosa, S.A. (BME:ENC)
Jul 20Is ENCE Energía y Celulosa (BME:ENC) Using Too Much Debt?
Jun 28Analyst Estimates: Here's What Brokers Think Of ENCE Energía y Celulosa, S.A. (BME:ENC) After Its First-Quarter Report
Apr 25Why We Think ENCE Energía y Celulosa, S.A.'s (BME:ENC) CEO Compensation Is Not Excessive At All
Mar 29Should You Think About Buying ENCE Energía y Celulosa, S.A. (BME:ENC) Now?
Jan 25Here's Why ENCE Energía y Celulosa (BME:ENC) Has A Meaningful Debt Burden
Oct 21If EPS Growth Is Important To You, ENCE Energía y Celulosa (BME:ENC) Presents An Opportunity
Aug 31Does ENCE Energía y Celulosa (BME:ENC) Have A Healthy Balance Sheet?
Jun 24Estimating The Intrinsic Value Of ENCE Energía y Celulosa, S.A. (BME:ENC)
Mar 20Is Now The Time To Look At Buying ENCE Energía y Celulosa, S.A. (BME:ENC)?
Mar 02Does ENCE Energía y Celulosa (BME:ENC) Have A Healthy Balance Sheet?
Jan 04Is ENCE Energía y Celulosa, S.A. (BME:ENC) Worth €2.9 Based On Its Intrinsic Value?
Dec 06ENCE Energía y Celulosa (BME:ENC) Has A Pretty Healthy Balance Sheet
Sep 21When Should You Buy ENCE Energía y Celulosa, S.A. (BME:ENC)?
Sep 02Shareholders Can Be Confident That ENCE Energía y Celulosa's (BME:ENC) Earnings Are High Quality
Aug 05Estimating The Intrinsic Value Of ENCE Energía y Celulosa, S.A. (BME:ENC)
Jul 06ENCE Energía y Celulosa (BME:ENC) Seems To Use Debt Quite Sensibly
Jun 11When Should You Buy ENCE Energía y Celulosa, S.A. (BME:ENC)?
Mar 26Is ENCE Energía y Celulosa (BME:ENC) A Risky Investment?
Mar 02ENCE Energía y Celulosa, S.A.'s (BME:ENC) Intrinsic Value Is Potentially 48% Above Its Share Price
Jun 11ENCE Energía y Celulosa (BME:ENC) Is Carrying A Fair Bit Of Debt
May 21Should ENCE Energía y Celulosa (BME:ENC) Be Disappointed With Their 44% Profit?
Feb 23Is ENCE Energía y Celulosa (BME:ENC) Weighed On By Its Debt Load?
Jan 19
What Percentage Of ENCE Energía y Celulosa, S.A. (BME:ENC) Shares Do Insiders Own?
Dec 02Financial Position Analysis
Short Term Liabilities: ENC's short term assets (€514.4M) exceed its short term liabilities (€422.8M).
Long Term Liabilities: ENC's short term assets (€514.4M) do not cover its long term liabilities (€631.2M).
Debt to Equity History and Analysis
Debt Level: ENC's net debt to equity ratio (41.5%) is considered high.
Reducing Debt: ENC's debt to equity ratio has reduced from 100.7% to 91% over the past 5 years.
Debt Coverage: ENC's debt is well covered by operating cash flow (20%).
Interest Coverage: ENC's interest payments on its debt are not well covered by EBIT (2.1x coverage).