Edda Wind Balance Sheet Health
Financial Health criteria checks 2/6
Edda Wind has a total shareholder equity of €287.5M and total debt of €282.9M, which brings its debt-to-equity ratio to 98.4%. Its total assets and total liabilities are €581.6M and €294.1M respectively.
Key information
98.4%
Debt to equity ratio
€282.93m
Debt
Interest coverage ratio | n/a |
Cash | €45.90m |
Equity | €287.48m |
Total liabilities | €294.08m |
Total assets | €581.56m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: EWINDO's short term assets (€77.2M) exceed its short term liabilities (€44.1M).
Long Term Liabilities: EWINDO's short term assets (€77.2M) do not cover its long term liabilities (€250.0M).
Debt to Equity History and Analysis
Debt Level: EWINDO's net debt to equity ratio (82.5%) is considered high.
Reducing Debt: EWINDO's debt to equity ratio has reduced from 171.9% to 98.4% over the past 5 years.
Debt Coverage: EWINDO's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if EWINDO's interest payments on its debt are well covered by EBIT.