EDP Balance Sheet Health
Financial Health criteria checks 2/6
EDP has a total shareholder equity of €17.1B and total debt of €21.0B, which brings its debt-to-equity ratio to 122.9%. Its total assets and total liabilities are €55.8B and €38.7B respectively. EDP's EBIT is €1.8B making its interest coverage ratio 3.1. It has cash and short-term investments of €2.4B.
Key information
122.9%
Debt to equity ratio
€20.98b
Debt
| Interest coverage ratio | 3.1x |
| Cash | €2.37b |
| Equity | €17.07b |
| Total liabilities | €38.70b |
| Total assets | €55.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EDP N's short term assets (€10.2B) do not cover its short term liabilities (€11.0B).
Long Term Liabilities: EDP N's short term assets (€10.2B) do not cover its long term liabilities (€27.7B).
Debt to Equity History and Analysis
Debt Level: EDP N's net debt to equity ratio (109.1%) is considered high.
Reducing Debt: EDP N's debt to equity ratio has reduced from 129% to 122.9% over the past 5 years.
Debt Coverage: EDP N's debt is not well covered by operating cash flow (14.4%).
Interest Coverage: EDP N's interest payments on its debt are well covered by EBIT (3.1x coverage).