Greencoat Renewables Balance Sheet Health
Financial Health criteria checks 1/6
Greencoat Renewables has a total shareholder equity of €1.3B and total debt of €745.4M, which brings its debt-to-equity ratio to 59.3%. Its total assets and total liabilities are €2.0B and €754.0M respectively.
Key information
59.3%
Debt to equity ratio
€745.37m
Debt
| Interest coverage ratio | n/a |
| Cash | €132.32m |
| Equity | €1.26b |
| Total liabilities | €754.03m |
| Total assets | €2.01b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GRPI's short term assets (€132.7M) exceed its short term liabilities (€8.7M).
Long Term Liabilities: GRPI's short term assets (€132.7M) do not cover its long term liabilities (€745.4M).
Debt to Equity History and Analysis
Debt Level: GRPI's net debt to equity ratio (48.8%) is considered high.
Reducing Debt: Insufficient data to determine if GRPI's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: GRPI's debt is not well covered by operating cash flow (8%).
Interest Coverage: Insufficient data to determine if GRPI's interest payments on its debt are well covered by EBIT.