Enea Balance Sheet Health
Financial Health criteria checks 4/6
Enea has a total shareholder equity of SEK1.7B and total debt of SEK452.0M, which brings its debt-to-equity ratio to 26.5%. Its total assets and total liabilities are SEK2.6B and SEK858.3M respectively. Enea's EBIT is SEK34.9M making its interest coverage ratio 1.5. It has cash and short-term investments of SEK282.0M.
Key information
26.5%
Debt to equity ratio
SEK 452.00m
Debt
| Interest coverage ratio | 1.5x |
| Cash | SEK 282.00m |
| Equity | SEK 1.71b |
| Total liabilities | SEK 858.30m |
| Total assets | SEK 2.57b |
Recent financial health updates
Enea (STO:ENEA) Is Making Moderate Use Of Debt
Jun 03
Enea (STO:ENEA) Is Carrying A Fair Bit Of Debt
Sep 06Is Enea (STO:ENEA) A Risky Investment?
Apr 22These 4 Measures Indicate That Enea (STO:ENEA) Is Using Debt Reasonably Well
Jun 14Is Enea (STO:ENEA) Using Too Much Debt?
Jan 11Enea (STO:ENEA) Seems To Use Debt Quite Sensibly
Mar 03Recent updates
Is Now An Opportune Moment To Examine Enea AB (publ) (STO:ENEA)?
Oct 24Enea's (STO:ENEA) Profits Appear To Have Quality Issues
Jul 25Enea (STO:ENEA) Is Making Moderate Use Of Debt
Jun 03Enea AB (publ)'s (STO:ENEA) 30% Price Boost Is Out Of Tune With Revenues
May 04kr90.00 - That's What Analysts Think Enea AB (publ) (STO:ENEA) Is Worth After These Results
Apr 29Enea (STO:ENEA) Is Carrying A Fair Bit Of Debt
Sep 06Capital Allocation Trends At Enea (STO:ENEA) Aren't Ideal
Jul 15Is Now An Opportune Moment To Examine Enea AB (publ) (STO:ENEA)?
May 27Is Enea (STO:ENEA) A Risky Investment?
Apr 22Is Enea AB (publ) (STO:ENEA) Trading At A 36% Discount?
Mar 16These 4 Measures Indicate That Enea (STO:ENEA) Is Using Debt Reasonably Well
Jun 14Is There An Opportunity With Enea AB (publ)'s (STO:ENEA) 42% Undervaluation?
Apr 08Is Enea (STO:ENEA) Using Too Much Debt?
Jan 11Is Enea AB (publ) (STO:ENEA) Trading At A 45% Discount?
Dec 01Is There Now An Opportunity In Enea AB (publ) (STO:ENEA)?
Jun 04I Built A List Of Growing Companies And Enea (STO:ENEA) Made The Cut
May 23Are Investors Undervaluing Enea AB (publ) (STO:ENEA) By 43%?
May 11What Type Of Shareholders Make Up Enea AB (publ)'s (STO:ENEA) Share Registry?
Mar 17Enea (STO:ENEA) Seems To Use Debt Quite Sensibly
Mar 03Is There Now An Opportunity In Enea AB (publ) (STO:ENEA)?
Feb 19Is There An Opportunity With Enea AB (publ)'s (STO:ENEA) 31% Undervaluation?
Feb 06Financial Position Analysis
Short Term Liabilities: ENEA's short term assets (SEK684.2M) do not cover its short term liabilities (SEK736.1M).
Long Term Liabilities: ENEA's short term assets (SEK684.2M) exceed its long term liabilities (SEK122.2M).
Debt to Equity History and Analysis
Debt Level: ENEA's net debt to equity ratio (10%) is considered satisfactory.
Reducing Debt: ENEA's debt to equity ratio has reduced from 38.1% to 26.5% over the past 5 years.
Debt Coverage: ENEA's debt is well covered by operating cash flow (34.6%).
Interest Coverage: ENEA's interest payments on its debt are not well covered by EBIT (1.5x coverage).