Opdenergy Holding Balance Sheet Health
Financial Health criteria checks 1/6
Opdenergy Holding has a total shareholder equity of €309.2M and total debt of €1.1B, which brings its debt-to-equity ratio to 350.1%. Its total assets and total liabilities are €1.7B and €1.4B respectively. Opdenergy Holding's EBIT is €77.9M making its interest coverage ratio 2.3. It has cash and short-term investments of €190.5M.
Key information
350.1%
Debt to equity ratio
€1.08b
Debt
| Interest coverage ratio | 2.3x |
| Cash | €190.49m |
| Equity | €309.20m |
| Total liabilities | €1.41b |
| Total assets | €1.72b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: OPDE's short term assets (€279.9M) exceed its short term liabilities (€250.9M).
Long Term Liabilities: OPDE's short term assets (€279.9M) do not cover its long term liabilities (€1.2B).
Debt to Equity History and Analysis
Debt Level: OPDE's net debt to equity ratio (288.5%) is considered high.
Reducing Debt: OPDE's debt to equity ratio has increased from 34.6% to 350.1% over the past 5 years.
Debt Coverage: OPDE's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: OPDE's interest payments on its debt are not well covered by EBIT (2.3x coverage).