Edda Wind Balance Sheet Health
Financial Health criteria checks 2/6
Edda Wind has a total shareholder equity of €284.9M and total debt of €284.8M, which brings its debt-to-equity ratio to 100%. Its total assets and total liabilities are €582.3M and €297.4M respectively.
Key information
100.0%
Debt to equity ratio
€284.83m
Debt
Interest coverage ratio | n/a |
Cash | €32.92m |
Equity | €284.88m |
Total liabilities | €297.38m |
Total assets | €582.26m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: EWIND's short term assets (€57.8M) exceed its short term liabilities (€40.3M).
Long Term Liabilities: EWIND's short term assets (€57.8M) do not cover its long term liabilities (€257.1M).
Debt to Equity History and Analysis
Debt Level: EWIND's net debt to equity ratio (88.4%) is considered high.
Reducing Debt: EWIND's debt to equity ratio has reduced from 178.9% to 100% over the past 5 years.
Debt Coverage: EWIND's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if EWIND's interest payments on its debt are well covered by EBIT.