Audax Renovables Balance Sheet Health
Financial Health criteria checks 3/6
Audax Renovables has a total shareholder equity of €225.8M and total debt of €568.1M, which brings its debt-to-equity ratio to 251.6%. Its total assets and total liabilities are €1.3B and €1.1B respectively. Audax Renovables's EBIT is €86.1M making its interest coverage ratio 3.8. It has cash and short-term investments of €209.1M.
Key information
251.6%
Debt to equity ratio
€568.12m
Debt
| Interest coverage ratio | 3.8x |
| Cash | €209.11m |
| Equity | €225.79m |
| Total liabilities | €1.06b |
| Total assets | €1.28b |
Recent financial health updates
We Think Audax Renovables (BME:ADX) Is Taking Some Risk With Its Debt
Nov 17
Is Audax Renovables (BME:ADX) A Risky Investment?
May 11Is Audax Renovables (BME:ADX) Using Too Much Debt?
Sep 26Does Audax Renovables (BME:ADX) Have A Healthy Balance Sheet?
Oct 30These 4 Measures Indicate That Audax Renovables (BME:ADX) Is Using Debt Reasonably Well
Mar 04Recent updates
Should You Be Adding Audax Renovables (BME:ADX) To Your Watchlist Today?
Nov 07Audax Renovables' (BME:ADX) Returns On Capital Are Heading Higher
May 09A Piece Of The Puzzle Missing From Audax Renovables, S.A.'s (BME:ADX) 26% Share Price Climb
Apr 03We Think Audax Renovables (BME:ADX) Is Taking Some Risk With Its Debt
Nov 17Is Audax Renovables (BME:ADX) A Risky Investment?
May 11Should You Think About Buying Audax Renovables, S.A. (BME:ADX) Now?
Mar 17Be Wary Of Audax Renovables (BME:ADX) And Its Returns On Capital
Feb 03Is It Too Late To Consider Buying Audax Renovables, S.A. (BME:ADX)?
Nov 18Is Audax Renovables (BME:ADX) Using Too Much Debt?
Sep 26Audax Renovables' (BME:ADX) Returns On Capital Not Reflecting Well On The Business
Feb 19Does Audax Renovables (BME:ADX) Have A Healthy Balance Sheet?
Oct 30When Should You Buy Audax Renovables, S.A. (BME:ADX)?
Sep 16Is There Now An Opportunity In Audax Renovables, S.A. (BME:ADX)?
Apr 28Audax Renovables (BME:ADX) Might Be Having Difficulty Using Its Capital Effectively
Apr 13Are Investors Undervaluing Audax Renovables, S.A. (BME:ADX) By 47%?
Mar 18These 4 Measures Indicate That Audax Renovables (BME:ADX) Is Using Debt Reasonably Well
Mar 04Do Institutions Own Audax Renovables, S.A. (BME:ADX) Shares?
Feb 07
What Does Audax Renovables, S.A.'s (BME:ADX) Share Price Indicate?
Jan 18Can Audax Renovables, S.A. (BME:ADX) Maintain Its Strong Returns?
Dec 27Reflecting on Audax Renovables' (BME:ADX) Share Price Returns Over The Last Year
Dec 06Financial Position Analysis
Short Term Liabilities: ADX's short term assets (€666.2M) exceed its short term liabilities (€458.0M).
Long Term Liabilities: ADX's short term assets (€666.2M) exceed its long term liabilities (€598.3M).
Debt to Equity History and Analysis
Debt Level: ADX's net debt to equity ratio (159%) is considered high.
Reducing Debt: ADX's debt to equity ratio has increased from 205.7% to 251.6% over the past 5 years.
Debt Coverage: ADX's debt is not well covered by operating cash flow (13.2%).
Interest Coverage: ADX's interest payments on its debt are well covered by EBIT (3.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/28 00:11 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Audax Renovables, S.A. is covered by 6 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Francisco Ruiz | BNP Paribas Exane |
| Victor Peiro Pérez | GVC Gaesco Valores |
| Alberto Espelosín González-Simarro | JB Capital Markets |