HELLENiQ ENERGY Holdings Balance Sheet Health
Financial Health criteria checks 4/6
HELLENiQ ENERGY Holdings has a total shareholder equity of €3.1B and total debt of €2.2B, which brings its debt-to-equity ratio to 71.1%. Its total assets and total liabilities are €8.0B and €4.9B respectively. HELLENiQ ENERGY Holdings's EBIT is €807.3M making its interest coverage ratio 7.4. It has cash and short-term investments of €479.3M.
Key information
71.1%
Debt to equity ratio
€2.23b
Debt
| Interest coverage ratio | 7.4x |
| Cash | €479.30m |
| Equity | €3.14b |
| Total liabilities | €4.85b |
| Total assets | €7.99b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: HLPX.F's short term assets (€3.2B) exceed its short term liabilities (€3.1B).
Long Term Liabilities: HLPX.F's short term assets (€3.2B) exceed its long term liabilities (€1.8B).
Debt to Equity History and Analysis
Debt Level: HLPX.F's net debt to equity ratio (55.9%) is considered high.
Reducing Debt: HLPX.F's debt to equity ratio has reduced from 112.1% to 71.1% over the past 5 years.
Debt Coverage: HLPX.F's debt is not well covered by operating cash flow (19.5%).
Interest Coverage: HLPX.F's interest payments on its debt are well covered by EBIT (7.4x coverage).