Eolus Vind Balance Sheet Health
Financial Health criteria checks 4/6
Eolus Vind has a total shareholder equity of SEK1.6B and total debt of SEK454.0M, which brings its debt-to-equity ratio to 28.8%. Its total assets and total liabilities are SEK2.8B and SEK1.2B respectively. Eolus Vind's EBIT is SEK719.0M making its interest coverage ratio 44.9. It has cash and short-term investments of SEK579.0M.
Key information
28.8%
Debt to equity ratio
SEK 454.00m
Debt
| Interest coverage ratio | 44.9x |
| Cash | SEK 579.00m |
| Equity | SEK 1.58b |
| Total liabilities | SEK 1.23b |
| Total assets | SEK 2.81b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EOLUBS's short term assets (SEK2.5B) exceed its short term liabilities (SEK589.0M).
Long Term Liabilities: EOLUBS's short term assets (SEK2.5B) exceed its long term liabilities (SEK640.0M).
Debt to Equity History and Analysis
Debt Level: EOLUBS has more cash than its total debt.
Reducing Debt: EOLUBS's debt to equity ratio has increased from 16.8% to 28.8% over the past 5 years.
Debt Coverage: EOLUBS's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: EOLUBS's interest payments on its debt are well covered by EBIT (44.9x coverage).