Cenergy Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Cenergy Holdings has a total shareholder equity of €405.1M and total debt of €769.7M, which brings its debt-to-equity ratio to 190%. Its total assets and total liabilities are €1.8B and €1.4B respectively. Cenergy Holdings's EBIT is €176.0M making its interest coverage ratio 2.4. It has cash and short-term investments of €185.0M.
Key information
190.0%
Debt to equity ratio
€769.66m
Debt
Interest coverage ratio | 2.4x |
Cash | €185.02m |
Equity | €405.08m |
Total liabilities | €1.43b |
Total assets | €1.84b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CENER's short term assets (€1.1B) do not cover its short term liabilities (€1.1B).
Long Term Liabilities: CENER's short term assets (€1.1B) exceed its long term liabilities (€288.3M).
Debt to Equity History and Analysis
Debt Level: CENER's net debt to equity ratio (144.3%) is considered high.
Reducing Debt: CENER's debt to equity ratio has reduced from 264.1% to 190% over the past 5 years.
Debt Coverage: CENER's debt is well covered by operating cash flow (27.1%).
Interest Coverage: CENER's interest payments on its debt are not well covered by EBIT (2.4x coverage).