EDP Balance Sheet Health
Financial Health criteria checks 2/6
EDP has a total shareholder equity of €16.6B and total debt of €22.0B, which brings its debt-to-equity ratio to 133.1%. Its total assets and total liabilities are €55.4B and €38.8B respectively. EDP's EBIT is €2.0B making its interest coverage ratio 3.5. It has cash and short-term investments of €1.9B.
Key information
133.1%
Debt to equity ratio
€22.04b
Debt
| Interest coverage ratio | 3.5x |
| Cash | €1.92b |
| Equity | €16.55b |
| Total liabilities | €38.84b |
| Total assets | €55.39b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EDPU's short term assets (€9.8B) do not cover its short term liabilities (€11.2B).
Long Term Liabilities: EDPU's short term assets (€9.8B) do not cover its long term liabilities (€27.6B).
Debt to Equity History and Analysis
Debt Level: EDPU's net debt to equity ratio (121.6%) is considered high.
Reducing Debt: EDPU's debt to equity ratio has reduced from 136% to 133.1% over the past 5 years.
Debt Coverage: EDPU's debt is not well covered by operating cash flow (16.3%).
Interest Coverage: EDPU's interest payments on its debt are well covered by EBIT (3.5x coverage).