Enagás Balance Sheet Health

Financial Health criteria checks 2/6

Enagás has a total shareholder equity of €3.0B and total debt of €3.6B, which brings its debt-to-equity ratio to 121.6%. Its total assets and total liabilities are €8.5B and €5.5B respectively. Enagás's EBIT is €307.5M making its interest coverage ratio 3. It has cash and short-term investments of €857.6M.

Key information

121.6%

Debt to equity ratio

€3.65b

Debt

Interest coverage ratio3x
Cash€857.55m
Equity€3.00b
Total liabilities€5.51b
Total assets€8.51b

Recent financial health updates

Recent updates

Insufficient Growth At Enagás, S.A. (BME:ENG) Hampers Share Price

Mar 25
Insufficient Growth At Enagás, S.A. (BME:ENG) Hampers Share Price

Enagás, S.A. Just Beat EPS By 7.6%: Here's What Analysts Think Will Happen Next

Feb 23
Enagás, S.A. Just Beat EPS By 7.6%: Here's What Analysts Think Will Happen Next

Enagás, S.A. (BME:ENG) Shares Could Be 43% Below Their Intrinsic Value Estimate

Feb 21
Enagás, S.A. (BME:ENG) Shares Could Be 43% Below Their Intrinsic Value Estimate

Is Enagás (BME:ENG) Using Too Much Debt?

Nov 27
Is Enagás (BME:ENG) Using Too Much Debt?

Is Enagás, S.A. (BME:ENG) Trading At A 41% Discount?

Oct 31
Is Enagás, S.A. (BME:ENG) Trading At A 41% Discount?

Enagás (BME:ENG) Takes On Some Risk With Its Use Of Debt

Aug 15
Enagás (BME:ENG) Takes On Some Risk With Its Use Of Debt

A Look At The Intrinsic Value Of Enagás, S.A. (BME:ENG)

Jul 25
A Look At The Intrinsic Value Of Enagás, S.A. (BME:ENG)

Enagás (BME:ENG) Is Increasing Its Dividend To €0.8359

Jun 21
Enagás (BME:ENG) Is Increasing Its Dividend To €0.8359

Enagás (BME:ENG) Is Paying Out A Larger Dividend Than Last Year

Jun 04
Enagás (BME:ENG) Is Paying Out A Larger Dividend Than Last Year

Enagás (BME:ENG) Is Increasing Its Dividend To €0.8359

Apr 14
Enagás (BME:ENG) Is Increasing Its Dividend To €0.8359

Enagás' (BME:ENG) Upcoming Dividend Will Be Larger Than Last Year's

Mar 31
Enagás' (BME:ENG) Upcoming Dividend Will Be Larger Than Last Year's

Enagás' (BME:ENG) Upcoming Dividend Will Be Larger Than Last Year's

Mar 17
Enagás' (BME:ENG) Upcoming Dividend Will Be Larger Than Last Year's

Estimating The Fair Value Of Enagás, S.A. (BME:ENG)

Mar 03
Estimating The Fair Value Of Enagás, S.A. (BME:ENG)

These 4 Measures Indicate That Enagás (BME:ENG) Is Using Debt Extensively

Feb 10
These 4 Measures Indicate That Enagás (BME:ENG) Is Using Debt Extensively

Enagás (BME:ENG) Has Announced That It Will Be Increasing Its Dividend To €0.5573

Dec 03
Enagás (BME:ENG) Has Announced That It Will Be Increasing Its Dividend To €0.5573

Calculating The Intrinsic Value Of Enagás, S.A. (BME:ENG)

Nov 21
Calculating The Intrinsic Value Of Enagás, S.A. (BME:ENG)

These 4 Measures Indicate That Enagás (BME:ENG) Is Using Debt Extensively

Sep 17
These 4 Measures Indicate That Enagás (BME:ENG) Is Using Debt Extensively

A Look At The Fair Value Of Enagás, S.A. (BME:ENG)

Aug 09
A Look At The Fair Value Of Enagás, S.A. (BME:ENG)

Does Enagás (BME:ENG) Have A Healthy Balance Sheet?

Jun 02
Does Enagás (BME:ENG) Have A Healthy Balance Sheet?

Enagás' (BME:ENG) Dividend Will Be Increased To €0.83

Apr 17
Enagás' (BME:ENG) Dividend Will Be Increased To €0.83

Enagás' (BME:ENG) Upcoming Dividend Will Be Larger Than Last Year's

Apr 03
Enagás' (BME:ENG) Upcoming Dividend Will Be Larger Than Last Year's

A Look At The Intrinsic Value Of Enagás, S.A. (BME:ENG)

Mar 16
A Look At The Intrinsic Value Of Enagás, S.A. (BME:ENG)

Enagás (BME:ENG) Is Paying Out A Larger Dividend Than Last Year

Feb 27
Enagás (BME:ENG) Is Paying Out A Larger Dividend Than Last Year

Enagás (BME:ENG) Takes On Some Risk With Its Use Of Debt

Jan 04
Enagás (BME:ENG) Takes On Some Risk With Its Use Of Debt

Enagás (BME:ENG) Will Pay A Larger Dividend Than Last Year At €0.55

Nov 27
Enagás (BME:ENG) Will Pay A Larger Dividend Than Last Year At €0.55

Enagás, S.A. (BME:ENG) Shares Could Be 38% Below Their Intrinsic Value Estimate

Sep 15
Enagás, S.A. (BME:ENG) Shares Could Be 38% Below Their Intrinsic Value Estimate

Is Enagás (BME:ENG) Using Too Much Debt?

Aug 25
Is Enagás (BME:ENG) Using Too Much Debt?

Is Enagás (BME:ENG) Using Too Much Debt?

May 01
Is Enagás (BME:ENG) Using Too Much Debt?

Enagás, S.A. (BME:ENG) Shares Could Be 42% Below Their Intrinsic Value Estimate

Mar 24
Enagás, S.A. (BME:ENG) Shares Could Be 42% Below Their Intrinsic Value Estimate

What Is The Ownership Structure Like For Enagás, S.A. (BME:ENG)?

Mar 09
What Is The Ownership Structure Like For Enagás, S.A. (BME:ENG)?

A Look At Enagás' (BME:ENG) Share Price Returns

Feb 22
A Look At Enagás' (BME:ENG) Share Price Returns

Should You Or Shouldn't You: A Dividend Analysis on Enagás, S.A. (BME:ENG)

Feb 02
Should You Or Shouldn't You: A Dividend Analysis on Enagás, S.A. (BME:ENG)

We Think Enagás (BME:ENG) Is Taking Some Risk With Its Debt

Jan 16
We Think Enagás (BME:ENG) Is Taking Some Risk With Its Debt

Is Enagás, S.A.'s (BME:ENG) 14% ROE Better Than Average?

Dec 29
Is Enagás, S.A.'s (BME:ENG) 14% ROE Better Than Average?

Estimating The Fair Value Of Enagás, S.A. (BME:ENG)

Dec 14
Estimating The Fair Value Of Enagás, S.A. (BME:ENG)

Is Enagás, S.A.'s (BME:ENG) Shareholder Ownership Skewed Towards Insiders?

Dec 01
Is Enagás, S.A.'s (BME:ENG) Shareholder Ownership Skewed Towards Insiders?

How Much Did Enagás'(BME:ENG) Shareholders Earn From Share Price Movements Over The Last Five Years?

Nov 18
How Much Did Enagás'(BME:ENG) Shareholders Earn From Share Price Movements Over The Last Five Years?

Share Price Aside, Enagás (BME:ENG) Has Delivered Shareholders A 6.1% Return.

Jul 15
Share Price Aside, Enagás (BME:ENG) Has Delivered Shareholders A 6.1% Return.

Here's Why We're Wary Of Buying Enagás' (BME:ENG) For Its Upcoming Dividend

Jul 02
Here's Why We're Wary Of Buying Enagás' (BME:ENG) For Its Upcoming Dividend

Enagás (BME:ENG) Takes On Some Risk With Its Use Of Debt

Jul 01
Enagás (BME:ENG) Takes On Some Risk With Its Use Of Debt

Financial Position Analysis

Short Term Liabilities: ENG's short term assets (€1.2B) exceed its short term liabilities (€1.1B).

Long Term Liabilities: ENG's short term assets (€1.2B) do not cover its long term liabilities (€4.4B).


Debt to Equity History and Analysis

Debt Level: ENG's net debt to equity ratio (93%) is considered high.

Reducing Debt: ENG's debt to equity ratio has reduced from 182.7% to 121.6% over the past 5 years.

Debt Coverage: ENG's debt is not well covered by operating cash flow (15.6%).

Interest Coverage: ENG's interest payments on its debt are not well covered by EBIT (3x coverage).


Balance Sheet


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