Enlight Renewable Energy Balance Sheet Health
Financial Health criteria checks 2/6
Enlight Renewable Energy has a total shareholder equity of $1.4B and total debt of $2.6B, which brings its debt-to-equity ratio to 179.6%. Its total assets and total liabilities are $4.6B and $3.2B respectively. Enlight Renewable Energy's EBIT is $114.6M making its interest coverage ratio 2.9. It has cash and short-term investments of $409.9M.
Key information
179.6%
Debt to equity ratio
US$2.58b
Debt
| Interest coverage ratio | 2.9x |
| Cash | US$409.92m |
| Equity | US$1.44b |
| Total liabilities | US$3.20b |
| Total assets | US$4.63b |
Recent financial health updates
Does Enlight Renewable Energy (TLV:ENLT) Have A Healthy Balance Sheet?
Mar 23
Does Enlight Renewable Energy (TLV:ENLT) Have A Healthy Balance Sheet?
Oct 22These 4 Measures Indicate That Enlight Renewable Energy (TLV:ENLT) Is Using Debt Extensively
Jun 20Does Enlight Renewable Energy (TLV:ENLT) Have A Healthy Balance Sheet?
Aug 01Enlight Renewable Energy (TLV:ENLT) Has A Somewhat Strained Balance Sheet
Jan 17Here's Why Enlight Renewable Energy (TLV:ENLT) Has A Meaningful Debt Burden
Jul 21Recent updates
Does Enlight Renewable Energy (TLV:ENLT) Have A Healthy Balance Sheet?
Mar 23We Ran A Stock Scan For Earnings Growth And Enlight Renewable Energy (TLV:ENLT) Passed With Ease
Feb 15Enlight Renewable Energy (TLV:ENLT) Shareholders Will Want The ROCE Trajectory To Continue
Jan 18Here's Why Shareholders May Want To Be Cautious With Increasing Enlight Renewable Energy Ltd's (TLV:ENLT) CEO Pay Packet
Dec 21Enlight Renewable Energy Ltd (TLV:ENLT) Stock Rockets 26% As Investors Are Less Pessimistic Than Expected
Dec 19Does Enlight Renewable Energy (TLV:ENLT) Have A Healthy Balance Sheet?
Oct 22Enlight Renewable Energy (TLV:ENLT) Shareholders Will Want The ROCE Trajectory To Continue
Sep 29We Ran A Stock Scan For Earnings Growth And Enlight Renewable Energy (TLV:ENLT) Passed With Ease
Aug 08These 4 Measures Indicate That Enlight Renewable Energy (TLV:ENLT) Is Using Debt Extensively
Jun 20Enlight Renewable Energy (TLV:ENLT) Is Looking To Continue Growing Its Returns On Capital
Jun 05Enlight Renewable Energy Ltd's (TLV:ENLT) Business Is Yet to Catch Up With Its Share Price
May 19If EPS Growth Is Important To You, Enlight Renewable Energy (TLV:ENLT) Presents An Opportunity
Apr 12Enlight Renewable Energy Ltd Just Missed Earnings - But Analysts Have Updated Their Models
Mar 18Does Enlight Renewable Energy (TLV:ENLT) Have A Healthy Balance Sheet?
Aug 01Enlight Renewable Energy (TLV:ENLT) Has A Somewhat Strained Balance Sheet
Jan 17Here's Why Enlight Renewable Energy (TLV:ENLT) Has A Meaningful Debt Burden
Jul 21Here's What To Make Of Enlight Renewable Energy's (TLV:ENLT) Decelerating Rates Of Return
May 21Did You Miss Enlight Renewable Energy's (TLV:ENLT) Whopping 714% Share Price Gain?
Mar 15Is Enlight Renewable Energy Ltd (TLV:ENLT) Popular Amongst Institutions?
Feb 21Should You Be Impressed By Enlight Renewable Energy's (TLV:ENLT) Returns on Capital?
Feb 04We're Not Counting On Enlight Renewable Energy (TLV:ENLT) To Sustain Its Statutory Profitability
Jan 17
These 4 Measures Indicate That Enlight Renewable Energy (TLV:ENLT) Is Using Debt Extensively
Dec 31Our View On Enlight Renewable Energy's (TLV:ENLT) CEO Pay
Dec 16Can Enlight Renewable Energy Ltd (TLV:ENLT) Improve Its Returns?
Nov 30Financial Position Analysis
Short Term Liabilities: ENLT's short term assets ($664.6M) exceed its short term liabilities ($583.3M).
Long Term Liabilities: ENLT's short term assets ($664.6M) do not cover its long term liabilities ($2.6B).
Debt to Equity History and Analysis
Debt Level: ENLT's net debt to equity ratio (151%) is considered high.
Reducing Debt: ENLT's debt to equity ratio has reduced from 356% to 179.6% over the past 5 years.
Debt Coverage: ENLT's debt is not well covered by operating cash flow (5.8%).
Interest Coverage: ENLT's interest payments on its debt are not well covered by EBIT (2.9x coverage).