HELLENiQ ENERGY Holdings Balance Sheet Health
Financial Health criteria checks 5/6
HELLENiQ ENERGY Holdings has a total shareholder equity of €3.0B and total debt of €2.4B, which brings its debt-to-equity ratio to 80.1%. Its total assets and total liabilities are €8.3B and €5.3B respectively. HELLENiQ ENERGY Holdings's EBIT is €865.6M making its interest coverage ratio 8. It has cash and short-term investments of €799.4M.
Key information
80.1%
Debt to equity ratio
€2.39b
Debt
| Interest coverage ratio | 8x |
| Cash | €799.41m |
| Equity | €2.98b |
| Total liabilities | €5.29b |
| Total assets | €8.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HLPX.F's short term assets (€3.4B) exceed its short term liabilities (€3.2B).
Long Term Liabilities: HLPX.F's short term assets (€3.4B) exceed its long term liabilities (€2.1B).
Debt to Equity History and Analysis
Debt Level: HLPX.F's net debt to equity ratio (53.3%) is considered high.
Reducing Debt: HLPX.F's debt to equity ratio has reduced from 114.8% to 80.1% over the past 5 years.
Debt Coverage: HLPX.F's debt is well covered by operating cash flow (28.5%).
Interest Coverage: HLPX.F's interest payments on its debt are well covered by EBIT (8x coverage).