E.ON Balance Sheet Health
Financial Health criteria checks 2/6
E.ON has a total shareholder equity of €22.1B and total debt of €38.4B, which brings its debt-to-equity ratio to 173.4%. Its total assets and total liabilities are €108.6B and €86.5B respectively. E.ON's EBIT is €4.8B making its interest coverage ratio 3. It has cash and short-term investments of €6.1B.
Key information
173.4%
Debt to equity ratio
€38.38b
Debt
| Interest coverage ratio | 3x |
| Cash | €6.11b |
| Equity | €22.13b |
| Total liabilities | €86.45b |
| Total assets | €108.58b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EOAN N's short term assets (€24.9B) do not cover its short term liabilities (€28.7B).
Long Term Liabilities: EOAN N's short term assets (€24.9B) do not cover its long term liabilities (€57.8B).
Debt to Equity History and Analysis
Debt Level: EOAN N's net debt to equity ratio (145.8%) is considered high.
Reducing Debt: EOAN N's debt to equity ratio has reduced from 262.3% to 173.4% over the past 5 years.
Debt Coverage: EOAN N's debt is not well covered by operating cash flow (11.9%).
Interest Coverage: EOAN N's interest payments on its debt are well covered by EBIT (3x coverage).