7C Solarparken Balance Sheet Health
Financial Health criteria checks 4/6
7C Solarparken has a total shareholder equity of €248.0M and total debt of €222.9M, which brings its debt-to-equity ratio to 89.9%. Its total assets and total liabilities are €574.8M and €326.8M respectively. 7C Solarparken's EBIT is €31.7M making its interest coverage ratio 6.2. It has cash and short-term investments of €80.6M.
Key information
89.9%
Debt to equity ratio
€222.89m
Debt
| Interest coverage ratio | 6.2x |
| Cash | €80.64m |
| Equity | €247.98m |
| Total liabilities | €326.79m |
| Total assets | €574.77m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: HRPKD's short term assets (€110.4M) exceed its short term liabilities (€35.5M).
Long Term Liabilities: HRPKD's short term assets (€110.4M) do not cover its long term liabilities (€291.3M).
Debt to Equity History and Analysis
Debt Level: HRPKD's net debt to equity ratio (57.4%) is considered high.
Reducing Debt: HRPKD's debt to equity ratio has reduced from 213.7% to 89.9% over the past 5 years.
Debt Coverage: HRPKD's debt is well covered by operating cash flow (20.7%).
Interest Coverage: HRPKD's interest payments on its debt are well covered by EBIT (6.2x coverage).