Corporación Acciona Energías Renovables Balance Sheet Health
Financial Health criteria checks 3/6
Corporación Acciona Energías Renovables has a total shareholder equity of €6.1B and total debt of €5.0B, which brings its debt-to-equity ratio to 82.1%. Its total assets and total liabilities are €15.1B and €9.0B respectively. Corporación Acciona Energías Renovables's EBIT is €615.0M making its interest coverage ratio 4.2. It has cash and short-term investments of €487.0M.
Key information
82.1%
Debt to equity ratio
€5.01b
Debt
| Interest coverage ratio | 4.2x |
| Cash | €487.00m |
| Equity | €6.10b |
| Total liabilities | €8.99b |
| Total assets | €15.09b |
Recent financial health updates
Recent updates
Corporación Acciona Energías Renovables, S.A.'s (BME:ANE) Price Is Right But Growth Is Lacking
Sep 28
Corporación Acciona Energías Renovables (BME:ANE) Is Reinvesting At Lower Rates Of Return
Sep 01Corporación Acciona Energías Renovables' (BME:ANE) Anemic Earnings Might Be Worse Than You Think
Aug 05Corporación Acciona Energías Renovables, S.A.'s (BME:ANE) Share Price Is Matching Sentiment Around Its Earnings
Jun 20Does Corporación Acciona Energías Renovables (BME:ANE) Have A Healthy Balance Sheet?
May 25Investors Met With Slowing Returns on Capital At Corporación Acciona Energías Renovables (BME:ANE)
Apr 28Corporación Acciona Energías Renovables, S.A.'s (BME:ANE) Shares Lagging The Market But So Is The Business
Mar 05Corporación Acciona Energías Renovables (BME:ANE) Shareholders Will Want The ROCE Trajectory To Continue
Oct 13Returns On Capital Are Showing Encouraging Signs At Corporación Acciona Energías Renovables (BME:ANE)
Jun 20Returns Are Gaining Momentum At Corporación Acciona Energías Renovables (BME:ANE)
Mar 02Corporación Acciona Energías Renovables (BME:ANE) Might Have The Makings Of A Multi-Bagger
Nov 18Growth Investors: Industry Analysts Just Upgraded Their Corporación Acciona Energías Renovables, S.A. (BME:ANE) Revenue Forecasts By 12%
Jul 31Corporación Acciona Energías Renovables, S.A.'s (BME:ANE) Popularity With Investors Is Under Threat From Overpricing
Feb 26Financial Position Analysis
Short Term Liabilities: ANE's short term assets (€2.4B) exceed its short term liabilities (€2.2B).
Long Term Liabilities: ANE's short term assets (€2.4B) do not cover its long term liabilities (€6.8B).
Debt to Equity History and Analysis
Debt Level: ANE's net debt to equity ratio (74.1%) is considered high.
Reducing Debt: ANE's debt to equity ratio has reduced from 146.8% to 82.1% over the past 5 years.
Debt Coverage: ANE's debt is not well covered by operating cash flow (8.7%).
Interest Coverage: ANE's interest payments on its debt are well covered by EBIT (4.2x coverage).