Siemens Gamesa Renewable Energy Balance Sheet Health
Financial Health criteria checks 2/6
Siemens Gamesa Renewable Energy has a total shareholder equity of €2.7B and total debt of €2.3B, which brings its debt-to-equity ratio to 84.7%. Its total assets and total liabilities are €17.4B and €14.7B respectively.
Key information
84.7%
Debt to equity ratio
€2.29b
Debt
| Interest coverage ratio | n/a |
| Cash | €1.20b |
| Equity | €2.70b |
| Total liabilities | €14.65b |
| Total assets | €17.36b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SGREE's short term assets (€7.4B) do not cover its short term liabilities (€11.3B).
Long Term Liabilities: SGREE's short term assets (€7.4B) exceed its long term liabilities (€3.3B).
Debt to Equity History and Analysis
Debt Level: SGREE's net debt to equity ratio (40.4%) is considered high.
Reducing Debt: SGREE's debt to equity ratio has increased from 23.4% to 84.7% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: SGREE has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if SGREE has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/02/14 00:36 |
| End of Day Share Price | 2023/01/04 00:00 |
| Earnings | 2022/12/31 |
| Annual Earnings | 2022/09/30 |
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 here.
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 .
Analyst Sources
Siemens Gamesa Renewable Energy, S.A. is covered by 25 analysts. 9 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 |
|---|---|
| Alfredo del Cerro Fernandez | Banco de Sabadell. S.A. |
| Rebecca McClellan | Banco Santander |
| Henry Tarr | Berenberg |