Grenergy Renovables Balance Sheet Health
Financial Health criteria checks 1/6
Grenergy Renovables has a total shareholder equity of €343.7M and total debt of €703.2M, which brings its debt-to-equity ratio to 204.6%. Its total assets and total liabilities are €1.3B and €922.6M respectively. Grenergy Renovables's EBIT is €86.6M making its interest coverage ratio 2.6. It has cash and short-term investments of €123.0M.
Key information
204.6%
Debt to equity ratio
€703.16m
Debt
| Interest coverage ratio | 2.6x |
| Cash | €122.96m |
| Equity | €343.73m |
| Total liabilities | €922.61m |
| Total assets | €1.27b |
Recent financial health updates
Does Grenergy Renovables (BME:GRE) Have A Healthy Balance Sheet?
Feb 08
Does Grenergy Renovables (BME:GRE) Have A Healthy Balance Sheet?
Oct 03Is Grenergy Renovables (BME:GRE) Using Too Much Debt?
Nov 23Here's Why Grenergy Renovables (BME:GRE) Has A Meaningful Debt Burden
May 26Is Grenergy Renovables (BME:GRE) Using Too Much Debt?
Feb 24Does Grenergy Renovables (BME:GRE) Have A Healthy Balance Sheet?
Nov 11Recent updates
Is It Time To Consider Buying Grenergy Renovables, S.A. (BME:GRE)?
Feb 29Does Grenergy Renovables (BME:GRE) Have A Healthy Balance Sheet?
Feb 08Is Now The Time To Put Grenergy Renovables (BME:GRE) On Your Watchlist?
Jan 05Does Grenergy Renovables (BME:GRE) Have A Healthy Balance Sheet?
Oct 03Is There Now An Opportunity In Grenergy Renovables, S.A. (BME:GRE)?
Sep 07Analysts Just Published A Bright New Outlook For Grenergy Renovables, S.A.'s (BME:GRE)
Jun 08Is It Time To Consider Buying Grenergy Renovables, S.A. (BME:GRE)?
May 24These Analysts Just Made A Sizeable Downgrade To Their Grenergy Renovables, S.A. (BME:GRE) EPS Forecasts
Mar 05What Is Grenergy Renovables, S.A.'s (BME:GRE) Share Price Doing?
Feb 10Is Grenergy Renovables (BME:GRE) Using Too Much Debt?
Nov 23Broker Revenue Forecasts For Grenergy Renovables, S.A. (BME:GRE) Are Surging Higher
Oct 30If EPS Growth Is Important To You, Grenergy Renovables (BME:GRE) Presents An Opportunity
Jun 21Here's Why Grenergy Renovables (BME:GRE) Has A Meaningful Debt Burden
May 26Is Grenergy Renovables (BME:GRE) Using Too Much Debt?
Feb 24Does Grenergy Renovables (BME:GRE) Have A Healthy Balance Sheet?
Nov 11Should You Be Adding Grenergy Renovables (BME:GRE) To Your Watchlist Today?
Oct 21Is Grenergy Renovables (BME:GRE) A Risky Investment?
Jul 19I Ran A Stock Scan For Earnings Growth And Grenergy Renovables (BME:GRE) Passed With Ease
Apr 15Is Grenergy Renovables, S.A.'s (BME:GRE) Shareholder Ownership Skewed Towards Insiders?
Mar 20Grenergy Renovables (BME:GRE) Seems To Use Debt Quite Sensibly
Feb 12Should You Be Excited About Grenergy Renovables, S.A.'s (BME:GRE) 35% Return On Equity?
Jan 21
Is Now The Time To Put Grenergy Renovables (BME:GRE) On Your Watchlist?
Dec 31What Type Of Shareholders Own The Most Number of Grenergy Renovables, S.A. (BME:GRE) Shares?
Dec 10Grenergy Renovables, S.A. (BME:GRE) Analysts Just Cut Their EPS Forecasts Substantially
Nov 18Financial Position Analysis
Short Term Liabilities: GRE's short term assets (€388.4M) exceed its short term liabilities (€338.0M).
Long Term Liabilities: GRE's short term assets (€388.4M) do not cover its long term liabilities (€584.6M).
Debt to Equity History and Analysis
Debt Level: GRE's net debt to equity ratio (168.8%) is considered high.
Reducing Debt: GRE's debt to equity ratio has increased from 66.9% to 204.6% over the past 5 years.
Debt Coverage: GRE's debt is not well covered by operating cash flow (4.7%).
Interest Coverage: GRE's interest payments on its debt are not well covered by EBIT (2.6x coverage).