Enagás Balance Sheet Health
Financial Health criteria checks 2/6
Enagás has a total shareholder equity of €2.2B and total debt of €2.7B, which brings its debt-to-equity ratio to 118.5%. Its total assets and total liabilities are €6.7B and €4.5B respectively. Enagás's EBIT is €221.2M making its interest coverage ratio 3.5. It has cash and short-term investments of €573.3M.
Key information
118.49%
Debt to equity ratio
€2.65b
Debt
| Interest coverage ratio | 3.5x |
| Cash | €573.30m |
| Equity | €2.24b |
| Total liabilities | €4.46b |
| Total assets | €6.70b |
Recent financial health updates
Does Enagás (BME:ENG) Have A Healthy Balance Sheet?
Nov 15
Enagás (BME:ENG) Takes On Some Risk With Its Use Of Debt
May 25Recent updates
Enagás (BME:ENG) Will Be Looking To Turn Around Its Returns
Jan 04Enagás, S.A.'s (BME:ENG) Intrinsic Value Is Potentially 40% Above Its Share Price
Dec 13Enagás (BME:ENG) Has Announced A Dividend Of €0.324
Nov 21Does Enagás (BME:ENG) Have A Healthy Balance Sheet?
Nov 15Capital Allocation Trends At Enagás (BME:ENG) Aren't Ideal
Oct 01Investors Shouldn't Be Too Comfortable With Enagás' (BME:ENG) Earnings
Jul 30Enagás, S.A.'s (BME:ENG) Intrinsic Value Is Potentially 39% Above Its Share Price
Jul 23Enagás, S.A.'s (BME:ENG) Share Price Not Quite Adding Up
Jun 16Enagás (BME:ENG) Takes On Some Risk With Its Use Of Debt
May 25
Green Hydrogen Projects And Tallgrass Divestment May Boost Earnings Despite Regulatory Challenges
Divestment from Tallgrass Energy and improved credit ratings enhance flexibility for Enagás' investment plan and future earnings growth.Financial Position Analysis
Short Term Liabilities: ENG's short term assets (€1.2B) do not cover its short term liabilities (€1.5B).
Long Term Liabilities: ENG's short term assets (€1.2B) do not cover its long term liabilities (€2.9B).
Debt to Equity History and Analysis
Debt Level: ENG's net debt to equity ratio (92.9%) is considered high.
Reducing Debt: ENG's debt to equity ratio has reduced from 167.6% to 118.5% over the past 5 years.
Debt Coverage: ENG's debt is not well covered by operating cash flow (5.3%).
Interest Coverage: ENG's interest payments on its debt are well covered by EBIT (3.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/05 00:29 |
| End of Day Share Price | 2026/05/05 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
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.
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 Github.
Analyst Sources
Enagás, S.A. is covered by 30 analysts. 18 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 |
|---|---|
| null null | Banco de Sabadell. S.A. |
| Virginia Romero | Banco de Sabadell. S.A. |
| Bosco Muguiro Eulate | Banco Santander |