Greenvolt - Energias Renováveis Balance Sheet Health
Financial Health criteria checks 2/6
Greenvolt - Energias Renováveis has a total shareholder equity of €572.3M and total debt of €1.3B, which brings its debt-to-equity ratio to 220%. Its total assets and total liabilities are €2.3B and €1.7B respectively. Greenvolt - Energias Renováveis's EBIT is €18.8M making its interest coverage ratio 0.8. It has cash and short-term investments of €472.2M.
Key information
220.0%
Debt to equity ratio
€1.26b
Debt
| Interest coverage ratio | 0.8x |
| Cash | €472.23m |
| Equity | €572.35m |
| Total liabilities | €1.72b |
| Total assets | €2.29b |
Recent financial health updates
Recent updates
Greenvolt - Energias Renováveis (ELI:GVOLT) May Have Issues Allocating Its Capital
Dec 09
Some Investors May Be Worried About Greenvolt - Energias Renováveis' (ELI:GVOLT) Returns On Capital
Jun 16Here's What's Concerning About Greenvolt - Energias Renováveis' (ELI:GVOLT) Returns On Capital
Jan 06News Flash: Analysts Just Made A Notable Upgrade To Their Greenvolt - Energias Renováveis, S.A. (ELI:GVOLT) Forecasts
Mar 26Earnings Update: Greenvolt - Energias Renováveis, S.A. (ELI:GVOLT) Just Reported Its Full-Year Results And Analysts Are Updating Their Forecasts
Mar 19Financial Position Analysis
Short Term Liabilities: GVOLT's short term assets (€790.5M) exceed its short term liabilities (€543.9M).
Long Term Liabilities: GVOLT's short term assets (€790.5M) do not cover its long term liabilities (€1.2B).
Debt to Equity History and Analysis
Debt Level: GVOLT's net debt to equity ratio (137.5%) is considered high.
Reducing Debt: GVOLT's debt to equity ratio has reduced from 333% to 220% over the past 5 years.
Debt Coverage: GVOLT's debt is not well covered by operating cash flow (9.8%).
Interest Coverage: GVOLT's interest payments on its debt are not well covered by EBIT (0.8x coverage).