Neoen Balance Sheet Health

Financial Health criteria checks 2/6

Neoen has a total shareholder equity of €2.8B and total debt of €3.9B, which brings its debt-to-equity ratio to 141.9%. Its total assets and total liabilities are €7.9B and €5.1B respectively. Neoen's EBIT is €264.8M making its interest coverage ratio 1.3. It has cash and short-term investments of €554.3M.

Key information

141.9%

Debt to equity ratio

€3.91b

Debt

Interest coverage ratio1.3x
Cash€554.30m
Equity€2.76b
Total liabilities€5.12b
Total assets€7.88b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: NEOENP's short term assets (€880.5M) exceed its short term liabilities (€755.4M).

Long Term Liabilities: NEOENP's short term assets (€880.5M) do not cover its long term liabilities (€4.4B).


Debt to Equity History and Analysis

Debt Level: NEOENP's net debt to equity ratio (121.8%) is considered high.

Reducing Debt: NEOENP's debt to equity ratio has reduced from 288.7% to 141.9% over the past 5 years.

Debt Coverage: NEOENP's debt is not well covered by operating cash flow (9.1%).

Interest Coverage: NEOENP's interest payments on its debt are not well covered by EBIT (1.3x coverage).


Balance Sheet


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