Ecoener Balance Sheet Health
Financial Health criteria checks 2/6
Ecoener has a total shareholder equity of €143.8M and total debt of €453.3M, which brings its debt-to-equity ratio to 315.3%. Its total assets and total liabilities are €676.8M and €533.0M respectively. Ecoener's EBIT is €21.7M making its interest coverage ratio 1.5. It has cash and short-term investments of €72.1M.
Key information
315.3%
Debt to equity ratio
€453.32m
Debt
| Interest coverage ratio | 1.5x |
| Cash | €72.11m |
| Equity | €143.77m |
| Total liabilities | €533.04m |
| Total assets | €676.81m |
Recent financial health updates
No updates
Recent updates
Ecoener's (BME:ENER) Solid Earnings May Rest On Weak Foundations
Oct 03
Here's What's Concerning About Ecoener's (BME:ENER) Returns On Capital
Sep 27Is Now The Time To Look At Buying Ecoener, S.A. (BME:ENER)?
Feb 21Grupo Ecoener (BME:ENER) Has More To Do To Multiply In Value Going Forward
Jan 20Returns On Capital At Grupo EcoenerU (BME:ENER) Have Stalled
Sep 22Grupo EcoenerU's (BME:ENER) Problems Go Beyond Poor Profit
Sep 27Financial Position Analysis
Short Term Liabilities: ENER's short term assets (€106.2M) exceed its short term liabilities (€95.4M).
Long Term Liabilities: ENER's short term assets (€106.2M) do not cover its long term liabilities (€437.7M).
Debt to Equity History and Analysis
Debt Level: ENER's net debt to equity ratio (265.1%) is considered high.
Reducing Debt: ENER's debt to equity ratio has reduced from 816.8% to 315.3% over the past 5 years.
Debt Coverage: ENER's debt is not well covered by operating cash flow (1.3%).
Interest Coverage: ENER's interest payments on its debt are not well covered by EBIT (1.5x coverage).