Solaria Energía y Medio Ambiente Balance Sheet Health
Financial Health criteria checks 1/6
Solaria Energía y Medio Ambiente has a total shareholder equity of €524.1M and total debt of €955.3M, which brings its debt-to-equity ratio to 182.3%. Its total assets and total liabilities are €1.6B and €1.1B respectively. Solaria Energía y Medio Ambiente's EBIT is €168.4M making its interest coverage ratio 5.1. It has cash and short-term investments of €77.4M.
Key information
182.3%
Debt to equity ratio
€955.28m
Debt
Interest coverage ratio | 5.1x |
Cash | €77.40m |
Equity | €524.12m |
Total liabilities | €1.12b |
Total assets | €1.65b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SLRE's short term assets (€138.3M) do not cover its short term liabilities (€205.7M).
Long Term Liabilities: SLRE's short term assets (€138.3M) do not cover its long term liabilities (€919.1M).
Debt to Equity History and Analysis
Debt Level: SLRE's net debt to equity ratio (167.5%) is considered high.
Reducing Debt: SLRE's debt to equity ratio has increased from 109% to 182.3% over the past 5 years.
Debt Coverage: SLRE's debt is not well covered by operating cash flow (10.3%).
Interest Coverage: SLRE's interest payments on its debt are well covered by EBIT (5.1x coverage).