Energa Balance Sheet Health
Financial Health criteria checks 4/6
Energa has a total shareholder equity of PLN12.4B and total debt of PLN5.9B, which brings its debt-to-equity ratio to 47.8%. Its total assets and total liabilities are PLN31.7B and PLN19.2B respectively. Energa's EBIT is PLN1.7B making its interest coverage ratio 3.4. It has cash and short-term investments of PLN1.8B.
Key information
47.8%
Debt to equity ratio
zł5.94b
Debt
Interest coverage ratio | 3.4x |
Cash | zł1.80b |
Equity | zł12.44b |
Total liabilities | zł19.24b |
Total assets | zł31.68b |
Recent financial health updates
Energa (WSE:ENG) Seems To Be Using A Lot Of Debt
Mar 04Here's Why Energa (WSE:ENG) Is Weighed Down By Its Debt Load
Nov 01We Think Energa (WSE:ENG) Is Taking Some Risk With Its Debt
Dec 02Recent updates
Weak Statutory Earnings May Not Tell The Whole Story For Energa (WSE:ENG)
May 03Energa (WSE:ENG) Seems To Be Using A Lot Of Debt
Mar 04Energa SA (WSE:ENG) Looks Inexpensive But Perhaps Not Attractive Enough
Feb 05Energa (WSE:ENG) Hasn't Managed To Accelerate Its Returns
Jan 09Here's Why Energa (WSE:ENG) Is Weighed Down By Its Debt Load
Nov 01Energa (WSE:ENG) Is Doing The Right Things To Multiply Its Share Price
May 13We Think Energa (WSE:ENG) Is Taking Some Risk With Its Debt
Dec 02Financial Position Analysis
Short Term Liabilities: ENG's short term assets (PLN8.4B) do not cover its short term liabilities (PLN12.9B).
Long Term Liabilities: ENG's short term assets (PLN8.4B) exceed its long term liabilities (PLN6.3B).
Debt to Equity History and Analysis
Debt Level: ENG's net debt to equity ratio (33.3%) is considered satisfactory.
Reducing Debt: ENG's debt to equity ratio has reduced from 69.6% to 47.8% over the past 5 years.
Debt Coverage: ENG's debt is not well covered by operating cash flow (17.3%).
Interest Coverage: ENG's interest payments on its debt are well covered by EBIT (3.4x coverage).