Engie Balance Sheet Health
Financial Health criteria checks 2/6
Engie has a total shareholder equity of €35.7B and total debt of €44.7B, which brings its debt-to-equity ratio to 125.2%. Its total assets and total liabilities are €194.6B and €158.9B respectively. Engie's EBIT is €11.3B making its interest coverage ratio 7.8. It has cash and short-term investments of €20.2B.
Key information
125.2%
Debt to equity ratio
€44.73b
Debt
Interest coverage ratio | 7.8x |
Cash | €20.18b |
Equity | €35.72b |
Total liabilities | €158.92b |
Total assets | €194.64b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1ENGI's short term assets (€75.6B) do not cover its short term liabilities (€76.0B).
Long Term Liabilities: 1ENGI's short term assets (€75.6B) do not cover its long term liabilities (€82.9B).
Debt to Equity History and Analysis
Debt Level: 1ENGI's net debt to equity ratio (68.7%) is considered high.
Reducing Debt: 1ENGI's debt to equity ratio has increased from 78.5% to 125.2% over the past 5 years.
Debt Coverage: 1ENGI's debt is well covered by operating cash flow (29.3%).
Interest Coverage: 1ENGI's interest payments on its debt are well covered by EBIT (7.8x coverage).