ENAV Balance Sheet Health
Financial Health criteria checks 5/6
ENAV has a total shareholder equity of €1.2B and total debt of €523.2M, which brings its debt-to-equity ratio to 42.9%. Its total assets and total liabilities are €2.3B and €1.1B respectively. ENAV's EBIT is €156.1M making its interest coverage ratio 10.3. It has cash and short-term investments of €224.9M.
Key information
42.9%
Debt to equity ratio
€523.15m
Debt
Interest coverage ratio | 10.3x |
Cash | €224.88m |
Equity | €1.22b |
Total liabilities | €1.12b |
Total assets | €2.34b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0RIE's short term assets (€714.8M) exceed its short term liabilities (€405.7M).
Long Term Liabilities: 0RIE's short term assets (€714.8M) exceed its long term liabilities (€711.0M).
Debt to Equity History and Analysis
Debt Level: 0RIE's net debt to equity ratio (24.5%) is considered satisfactory.
Reducing Debt: 0RIE's debt to equity ratio has increased from 29.6% to 42.9% over the past 5 years.
Debt Coverage: 0RIE's debt is well covered by operating cash flow (40.3%).
Interest Coverage: 0RIE's interest payments on its debt are well covered by EBIT (10.3x coverage).