Ecoener Balance Sheet Health
Financial Health criteria checks 2/6
Ecoener has a total shareholder equity of €137.7M and total debt of €382.0M, which brings its debt-to-equity ratio to 277.3%. Its total assets and total liabilities are €580.2M and €442.5M respectively. Ecoener's EBIT is €18.8M making its interest coverage ratio 1.8. It has cash and short-term investments of €77.9M.
Key information
277.3%
Debt to equity ratio
€381.96m
Debt
Interest coverage ratio | 1.8x |
Cash | €77.89m |
Equity | €137.74m |
Total liabilities | €442.49m |
Total assets | €580.23m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: ENER's short term assets (€101.4M) exceed its short term liabilities (€76.4M).
Long Term Liabilities: ENER's short term assets (€101.4M) do not cover its long term liabilities (€366.1M).
Debt to Equity History and Analysis
Debt Level: ENER's net debt to equity ratio (220.8%) is considered high.
Reducing Debt: ENER's debt to equity ratio has reduced from 751.7% to 277.3% over the past 5 years.
Debt Coverage: ENER's debt is not well covered by operating cash flow (3.1%).
Interest Coverage: ENER's interest payments on its debt are not well covered by EBIT (1.8x coverage).