Grenergy Renovables Balance Sheet Health
Financial Health criteria checks 1/6
Grenergy Renovables has a total shareholder equity of €344.7M and total debt of €1.1B, which brings its debt-to-equity ratio to 304.8%. Its total assets and total liabilities are €1.6B and €1.3B respectively. Grenergy Renovables's EBIT is €17.4M making its interest coverage ratio 0.4. It has cash and short-term investments of €73.6M.
Key information
304.8%
Debt to equity ratio
€1.05b
Debt
| Interest coverage ratio | 0.4x |
| Cash | €73.60m |
| Equity | €344.70m |
| Total liabilities | €1.26b |
| Total assets | €1.60b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GREE's short term assets (€449.6M) exceed its short term liabilities (€415.1M).
Long Term Liabilities: GREE's short term assets (€449.6M) do not cover its long term liabilities (€842.6M).
Debt to Equity History and Analysis
Debt Level: GREE's net debt to equity ratio (283.4%) is considered high.
Reducing Debt: GREE's debt to equity ratio has increased from 146.4% to 304.8% over the past 5 years.
Debt Coverage: GREE's debt is not well covered by operating cash flow (3.5%).
Interest Coverage: GREE's interest payments on its debt are not well covered by EBIT (0.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/11 10:51 |
| End of Day Share Price | 2024/09/13 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Grenergy Renovables, S.A. is covered by 19 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Flora Mericia Trindade | Banco BPI, S.A. |
| Mariano Miguel Hidalgo | Banco Santander |
| Eduardo González Martín | Banco Santander |