Atlantica Sustainable Infrastructure Balance Sheet Health
Financial Health criteria checks 2/6
Atlantica Sustainable Infrastructure has a total shareholder equity of $1.7B and total debt of $5.5B, which brings its debt-to-equity ratio to 322.1%. Its total assets and total liabilities are $8.9B and $7.2B respectively. Atlantica Sustainable Infrastructure's EBIT is $256.5M making its interest coverage ratio 0.8. It has cash and short-term investments of $658.9M.
Key information
322.1%
Debt to equity ratio
US$5.50b
Debt
| Interest coverage ratio | 0.8x |
| Cash | US$658.89m |
| Equity | US$1.71b |
| Total liabilities | US$7.19b |
| Total assets | US$8.90b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AY N's short term assets ($981.0M) exceed its short term liabilities ($532.5M).
Long Term Liabilities: AY N's short term assets ($981.0M) do not cover its long term liabilities ($6.7B).
Debt to Equity History and Analysis
Debt Level: AY N's net debt to equity ratio (283.5%) is considered high.
Reducing Debt: AY N's debt to equity ratio has reduced from 329.6% to 322.1% over the past 5 years.
Debt Coverage: AY N's debt is not well covered by operating cash flow (8.4%).
Interest Coverage: AY N's interest payments on its debt are not well covered by EBIT (0.8x coverage).