Greenvolt - Energias Renováveis Balance Sheet Health
Financial Health criteria checks 1/6
Greenvolt - Energias Renováveis has a total shareholder equity of €570.5M and total debt of €1.0B, which brings its debt-to-equity ratio to 183%. Its total assets and total liabilities are €2.0B and €1.4B respectively. Greenvolt - Energias Renováveis's EBIT is €13.1M making its interest coverage ratio 2.5. It has cash and short-term investments of €429.7M.
Key information
183.0%
Debt to equity ratio
€1.04b
Debt
Interest coverage ratio | 2.5x |
Cash | €429.66m |
Equity | €570.53m |
Total liabilities | €1.43b |
Total assets | €2.00b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GVOLTU's short term assets (€675.2M) exceed its short term liabilities (€306.3M).
Long Term Liabilities: GVOLTU's short term assets (€675.2M) do not cover its long term liabilities (€1.1B).
Debt to Equity History and Analysis
Debt Level: GVOLTU's net debt to equity ratio (107.7%) is considered high.
Reducing Debt: Insufficient data to determine if GVOLTU's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: GVOLTU's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: GVOLTU's interest payments on its debt are not well covered by EBIT (2.5x coverage).