Greencoat Renewables Balance Sheet Health
Financial Health criteria checks 1/6
Greencoat Renewables has a total shareholder equity of €1.3B and total debt of €1.2B, which brings its debt-to-equity ratio to 97.7%. Its total assets and total liabilities are €2.5B and €1.3B respectively.
Key information
97.7%
Debt to equity ratio
€1.25b
Debt
| Interest coverage ratio | n/a |
| Cash | €13.38m |
| Equity | €1.28b |
| Total liabilities | €1.26b |
| Total assets | €2.54b |
Recent financial health updates
No updates
Recent updates
Estimating The Fair Value Of Greencoat Renewables PLC (ISE:GRP)
Mar 01
Based On Its ROE, Is Greencoat Renewables PLC (ISE:GRP) A High Quality Stock?
Mar 03Are Greencoat Renewables's (ISE:GRP) Statutory Earnings A Good Guide To Its Underlying Profitability?
Jan 19
Is Greencoat Renewables PLC (ISE:GRP) Popular Amongst Institutions?
Nov 25Financial Position Analysis
Short Term Liabilities: GRP's short term assets (€14.4M) exceed its short term liabilities (€10.4M).
Long Term Liabilities: GRP's short term assets (€14.4M) do not cover its long term liabilities (€1.2B).
Debt to Equity History and Analysis
Debt Level: GRP's net debt to equity ratio (96.6%) is considered high.
Reducing Debt: GRP's debt to equity ratio has increased from 91.9% to 97.7% over the past 5 years.
Debt Coverage: GRP's debt is not well covered by operating cash flow (10.2%).
Interest Coverage: Insufficient data to determine if GRP's interest payments on its debt are well covered by EBIT.