ENEA Balance Sheet Health
Financial Health criteria checks 6/6
ENEA has a total shareholder equity of PLN15.4B and total debt of PLN7.4B, which brings its debt-to-equity ratio to 47.8%. Its total assets and total liabilities are PLN39.1B and PLN23.7B respectively. ENEA's EBIT is PLN4.7B making its interest coverage ratio 9.7. It has cash and short-term investments of PLN3.2B.
Key information
47.8%
Debt to equity ratio
zł7.38b
Debt
Interest coverage ratio | 9.7x |
Cash | zł3.17b |
Equity | zł15.44b |
Total liabilities | zł23.67b |
Total assets | zł39.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0KO8's short term assets (PLN17.5B) exceed its short term liabilities (PLN15.0B).
Long Term Liabilities: 0KO8's short term assets (PLN17.5B) exceed its long term liabilities (PLN8.7B).
Debt to Equity History and Analysis
Debt Level: 0KO8's net debt to equity ratio (27.3%) is considered satisfactory.
Reducing Debt: 0KO8's debt to equity ratio has reduced from 55.3% to 47.8% over the past 5 years.
Debt Coverage: 0KO8's debt is well covered by operating cash flow (30.4%).
Interest Coverage: 0KO8's interest payments on its debt are well covered by EBIT (9.7x coverage).