Romande Energie Holding Balance Sheet Health
Financial Health criteria checks 4/6
Romande Energie Holding has a total shareholder equity of CHF2.2B and total debt of CHF218.1M, which brings its debt-to-equity ratio to 10%. Its total assets and total liabilities are CHF2.7B and CHF492.7M respectively. Romande Energie Holding's EBIT is CHF52.2M making its interest coverage ratio 21.3. It has cash and short-term investments of CHF56.4M.
Key information
10.0%
Debt to equity ratio
CHF 218.09m
Debt
| Interest coverage ratio | 21.3x |
| Cash | CHF 56.37m |
| Equity | CHF 2.19b |
| Total liabilities | CHF 492.70m |
| Total assets | CHF 2.68b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0QQG's short term assets (CHF293.5M) exceed its short term liabilities (CHF166.3M).
Long Term Liabilities: 0QQG's short term assets (CHF293.5M) do not cover its long term liabilities (CHF326.4M).
Debt to Equity History and Analysis
Debt Level: 0QQG's net debt to equity ratio (7.4%) is considered satisfactory.
Reducing Debt: 0QQG's debt to equity ratio has increased from 5.9% to 10% over the past 5 years.
Debt Coverage: 0QQG's debt is well covered by operating cash flow (56.4%).
Interest Coverage: 0QQG's interest payments on its debt are well covered by EBIT (21.3x coverage).