Econergy Renewable Energy Balance Sheet Health
Financial Health criteria checks 2/6
Econergy Renewable Energy has a total shareholder equity of €171.2M and total debt of €279.9M, which brings its debt-to-equity ratio to 163.6%. Its total assets and total liabilities are €509.2M and €338.1M respectively. Econergy Renewable Energy's EBIT is €27.9M making its interest coverage ratio 18.5. It has cash and short-term investments of €64.5M.
Key information
163.6%
Debt to equity ratio
€279.93m
Debt
| Interest coverage ratio | 18.5x |
| Cash | €64.51m |
| Equity | €171.15m |
| Total liabilities | €338.06m |
| Total assets | €509.22m |
Recent financial health updates
No updates
Recent updates
Econergy Renewable Energy (TLV:ECNR) Strong Profits May Be Masking Some Underlying Issues
Sep 04
There's Been No Shortage Of Growth Recently For Econergy Renewable Energy's (TLV:ECNR) Returns On Capital
Aug 29We Think That There Are Issues Underlying Econergy Renewable Energy's (TLV:ECNR) Earnings
Apr 05Financial Position Analysis
Short Term Liabilities: ECNR's short term assets (€91.8M) exceed its short term liabilities (€30.8M).
Long Term Liabilities: ECNR's short term assets (€91.8M) do not cover its long term liabilities (€307.2M).
Debt to Equity History and Analysis
Debt Level: ECNR's net debt to equity ratio (125.9%) is considered high.
Reducing Debt: Insufficient data to determine if ECNR's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: ECNR's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ECNR's interest payments on its debt are well covered by EBIT (18.5x coverage).