TERNA ENERGY Industrial Commercial Technical Societe Anonyme Balance Sheet Health
Financial Health criteria checks 2/6
TERNA ENERGY Industrial Commercial Technical Societe Anonyme has a total shareholder equity of €458.3M and total debt of €1.1B, which brings its debt-to-equity ratio to 242.4%. Its total assets and total liabilities are €2.1B and €1.6B respectively. TERNA ENERGY Industrial Commercial Technical Societe Anonyme's EBIT is €150.1M making its interest coverage ratio 3.1. It has cash and short-term investments of €270.2M.
Key information
242.4%
Debt to equity ratio
€1.11b
Debt
| Interest coverage ratio | 3.1x |
| Cash | €270.15m |
| Equity | €458.34m |
| Total liabilities | €1.62b |
| Total assets | €2.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0OJX's short term assets (€615.3M) exceed its short term liabilities (€387.6M).
Long Term Liabilities: 0OJX's short term assets (€615.3M) do not cover its long term liabilities (€1.2B).
Debt to Equity History and Analysis
Debt Level: 0OJX's net debt to equity ratio (183.5%) is considered high.
Reducing Debt: 0OJX's debt to equity ratio has increased from 221% to 242.4% over the past 5 years.
Debt Coverage: 0OJX's debt is not well covered by operating cash flow (16.6%).
Interest Coverage: 0OJX's interest payments on its debt are well covered by EBIT (3.1x coverage).