Enphase Energy Balance Sheet Health
Financial Health criteria checks 6/6
Enphase Energy has a total shareholder equity of $983.6M and total debt of $1.3B, which brings its debt-to-equity ratio to 131.5%. Its total assets and total liabilities are $3.4B and $2.4B respectively. Enphase Energy's EBIT is $461.4M making its interest coverage ratio -7.6. It has cash and short-term investments of $1.7B.
Key information
131.5%
Debt to equity ratio
US$1.29b
Debt
| Interest coverage ratio | -7.6x |
| Cash | US$1.70b |
| Equity | US$983.62m |
| Total liabilities | US$2.40b |
| Total assets | US$3.38b |
Recent financial health updates
Enphase Energy (NASDAQ:ENPH) Could Easily Take On More Debt
Apr 16
These 4 Measures Indicate That Enphase Energy (NASDAQ:ENPH) Is Using Debt Safely
Jan 08We Think Enphase Energy (NASDAQ:ENPH) Can Manage Its Debt With Ease
Oct 03Enphase Energy (NASDAQ:ENPH) Has A Rock Solid Balance Sheet
Jul 03Enphase Energy (NASDAQ:ENPH) Could Easily Take On More Debt
Apr 03Recent updates
Enphase Energy: Projected Recovery Fails To Impress, Hold
Apr 24Enphase Energy (NASDAQ:ENPH) Could Easily Take On More Debt
Apr 16Enphase Energy's Stock Has Plenty More Room To Tank
Apr 07What Does Enphase Energy, Inc.'s (NASDAQ:ENPH) Share Price Indicate?
Apr 03Enphase Energy: Not A Good Investment In Uncertain Times
Mar 13There's Reason For Concern Over Enphase Energy, Inc.'s (NASDAQ:ENPH) Massive 28% Price Jump
Mar 07Enphase Energy: The Perfect Time To Buy
Mar 05Why Enphase Probably Bottomed Already
Feb 21We Like Enphase Energy's (NASDAQ:ENPH) Earnings For More Than Just Statutory Profit
Feb 16Analysts Have Lowered Expectations For Enphase Energy, Inc. (NASDAQ:ENPH) After Its Latest Results
Feb 12Enphase: Still Struggling, But Upgrading On Vastly Improved Market Sentiment
Feb 08Downgrade: Here's How Analysts See Enphase Energy, Inc. (NASDAQ:ENPH) Performing In The Near Term
Feb 07Under The Bonnet, Enphase Energy's (NASDAQ:ENPH) Returns Look Impressive
Feb 05Why Hold Enphase Energy Stock
Jan 29Earnings Not Telling The Story For Enphase Energy, Inc. (NASDAQ:ENPH)
Jan 22Enphase Vs. First Solar: The Solar Investment Thesis May Have Bottomed
Jan 17Enphase Energy: Avoid Catching Falling Knives (Rating Downgrade)
Jan 10These 4 Measures Indicate That Enphase Energy (NASDAQ:ENPH) Is Using Debt Safely
Jan 08What Does Enphase Energy, Inc.'s (NASDAQ:ENPH) Share Price Indicate?
Dec 25Enphase Energy, Inc. (NASDAQ:ENPH) Shares Could Be 45% Below Their Intrinsic Value Estimate
Nov 28Need To Know: Analysts Just Made A Substantial Cut To Their Enphase Energy, Inc. (NASDAQ:ENPH) Estimates
Oct 28Does Enphase Energy (NASDAQ:ENPH) Deserve A Spot On Your Watchlist?
Oct 15We Think Enphase Energy (NASDAQ:ENPH) Can Manage Its Debt With Ease
Oct 03Is There Now An Opportunity In Enphase Energy, Inc. (NASDAQ:ENPH)?
Sep 18Why We Like The Returns At Enphase Energy (NASDAQ:ENPH)
Sep 05The Enphase Energy, Inc. (NASDAQ:ENPH) Analysts Have Been Trimming Their Sales Forecasts
Jul 31Are Enphase Energy, Inc. (NASDAQ:ENPH) Investors Paying Above The Intrinsic Value?
Jul 15Enphase Energy (NASDAQ:ENPH) Has A Rock Solid Balance Sheet
Jul 03Here's Why Enphase Energy (NASDAQ:ENPH) Has Caught The Eye Of Investors
Jun 19What Is Enphase Energy, Inc.'s (NASDAQ:ENPH) Share Price Doing?
Jun 05Enphase Energy (NASDAQ:ENPH) Is Investing Its Capital With Increasing Efficiency
May 23Enphase Energy (NASDAQ:ENPH) Could Easily Take On More Debt
Apr 03Is Enphase Energy, Inc. (NASDAQ:ENPH) Expensive For A Reason? A Look At Its Intrinsic Value
Mar 20Should You Be Adding Enphase Energy (NASDAQ:ENPH) To Your Watchlist Today?
Mar 08Financial Position Analysis
Short Term Liabilities: ENPH's short term assets ($2.4B) exceed its short term liabilities ($532.4M).
Long Term Liabilities: ENPH's short term assets ($2.4B) exceed its long term liabilities ($1.9B).
Debt to Equity History and Analysis
Debt Level: ENPH has more cash than its total debt.
Reducing Debt: ENPH's debt to equity ratio has reduced from 1411.8% to 131.5% over the past 5 years.
Debt Coverage: ENPH's debt is well covered by operating cash flow (53.9%).
Interest Coverage: ENPH earns more interest than it pays, so coverage of interest payments is not a concern.