Enel Balance Sheet Health
Financial Health criteria checks 2/6
Enel has a total shareholder equity of €45.1B and total debt of €72.2B, which brings its debt-to-equity ratio to 160.1%. Its total assets and total liabilities are €195.2B and €150.1B respectively. Enel's EBIT is €12.8B making its interest coverage ratio 4.4. It has cash and short-term investments of €11.3B.
Key information
160.1%
Debt to equity ratio
€72.21b
Debt
Interest coverage ratio | 4.4x |
Cash | €11.33b |
Equity | €45.11b |
Total liabilities | €150.12b |
Total assets | €195.22b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0NRE's short term assets (€50.5B) do not cover its short term liabilities (€59.1B).
Long Term Liabilities: 0NRE's short term assets (€50.5B) do not cover its long term liabilities (€91.0B).
Debt to Equity History and Analysis
Debt Level: 0NRE's net debt to equity ratio (135%) is considered high.
Reducing Debt: 0NRE's debt to equity ratio has increased from 117% to 160.1% over the past 5 years.
Debt Coverage: 0NRE's debt is well covered by operating cash flow (20.2%).
Interest Coverage: 0NRE's interest payments on its debt are well covered by EBIT (4.4x coverage).