Enel Balance Sheet Health
Financial Health criteria checks 1/6
Enel has a total shareholder equity of €45.9B and total debt of €79.5B, which brings its debt-to-equity ratio to 173.3%. Its total assets and total liabilities are €205.1B and €159.2B respectively. Enel's EBIT is €12.0B making its interest coverage ratio 20.3. It has cash and short-term investments of €6.1B.
Key information
173.3%
Debt to equity ratio
€79.51b
Debt
Interest coverage ratio | 20.3x |
Cash | €6.10b |
Equity | €45.87b |
Total liabilities | €159.24b |
Total assets | €205.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ENEL N's short term assets (€59.1B) do not cover its short term liabilities (€61.4B).
Long Term Liabilities: ENEL N's short term assets (€59.1B) do not cover its long term liabilities (€97.8B).
Debt to Equity History and Analysis
Debt Level: ENEL N's net debt to equity ratio (160%) is considered high.
Reducing Debt: ENEL N's debt to equity ratio has increased from 119.9% to 173.3% over the past 5 years.
Debt Coverage: ENEL N's debt is not well covered by operating cash flow (16.2%).
Interest Coverage: ENEL N's interest payments on its debt are well covered by EBIT (20.3x coverage).