EDP Renováveis Balance Sheet Health
Financial Health criteria checks 0/6
EDP Renováveis has a total shareholder equity of €12.9B and total debt of €7.5B, which brings its debt-to-equity ratio to 58%. Its total assets and total liabilities are €30.0B and €22.4B respectively. EDP Renováveis's EBIT is €218.1M making its interest coverage ratio 1.1. It has cash and short-term investments of €699.0M.
Key information
58.0%
Debt to equity ratio
€7.50b
Debt
Interest coverage ratio | 1.1x |
Cash | €699.00m |
Equity | €12.94b |
Total liabilities | €22.44b |
Total assets | €29.96b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EDPRU's short term assets (€3.7B) do not cover its short term liabilities (€5.4B).
Long Term Liabilities: EDPRU's short term assets (€3.7B) do not cover its long term liabilities (€17.0B).
Debt to Equity History and Analysis
Debt Level: EDPRU's net debt to equity ratio (52.6%) is considered high.
Reducing Debt: EDPRU's debt to equity ratio has increased from 47.8% to 58% over the past 5 years.
Debt Coverage: EDPRU's debt is not well covered by operating cash flow (11.6%).
Interest Coverage: EDPRU's interest payments on its debt are not well covered by EBIT (1.1x coverage).