EDP Renováveis Balance Sheet Health
Financial Health criteria checks 0/6
EDP Renováveis has a total shareholder equity of €12.8B and total debt of €8.7B, which brings its debt-to-equity ratio to 67.8%. Its total assets and total liabilities are €30.2B and €22.4B respectively. EDP Renováveis's EBIT is €299.1M making its interest coverage ratio 1.5. It has cash and short-term investments of €805.0M.
Key information
67.8%
Debt to equity ratio
€8.69b
Debt
| Interest coverage ratio | 1.5x |
| Cash | €805.00m |
| Equity | €12.81b |
| Total liabilities | €22.44b |
| Total assets | €30.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EDPRU's short term assets (€4.1B) do not cover its short term liabilities (€5.1B).
Long Term Liabilities: EDPRU's short term assets (€4.1B) do not cover its long term liabilities (€17.4B).
Debt to Equity History and Analysis
Debt Level: EDPRU's net debt to equity ratio (61.5%) is considered high.
Reducing Debt: EDPRU's debt to equity ratio has increased from 44.1% to 67.8% over the past 5 years.
Debt Coverage: EDPRU's debt is not well covered by operating cash flow (5.8%).
Interest Coverage: EDPRU's interest payments on its debt are not well covered by EBIT (1.5x coverage).