EDP Renováveis Balance Sheet Health
Financial Health criteria checks 0/6
EDP Renováveis has a total shareholder equity of €12.7B and total debt of €7.3B, which brings its debt-to-equity ratio to 57.9%. Its total assets and total liabilities are €30.0B and €17.4B respectively. EDP Renováveis's EBIT is €300.1M making its interest coverage ratio 1.5. It has cash and short-term investments of €1.4B.
Key information
57.9%
Debt to equity ratio
€7.33b
Debt
Interest coverage ratio | 1.5x |
Cash | €1.37b |
Equity | €12.65b |
Total liabilities | €17.39b |
Total assets | €30.05b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0ML1's short term assets (€3.6B) do not cover its short term liabilities (€5.4B).
Long Term Liabilities: 0ML1's short term assets (€3.6B) do not cover its long term liabilities (€12.0B).
Debt to Equity History and Analysis
Debt Level: 0ML1's net debt to equity ratio (47.1%) is considered high.
Reducing Debt: 0ML1's debt to equity ratio has increased from 51.9% to 57.9% over the past 5 years.
Debt Coverage: 0ML1's debt is not well covered by operating cash flow (11.5%).
Interest Coverage: 0ML1's interest payments on its debt are not well covered by EBIT (1.5x coverage).