Genie Energy Balance Sheet Health
Financial Health criteria checks 6/6
Genie Energy has a total shareholder equity of $185.6M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $293.0M and $107.4M respectively. Genie Energy's EBIT is $64.1M making its interest coverage ratio -37.9. It has cash and short-term investments of $109.9M.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | -37.9x |
Cash | US$109.88m |
Equity | US$185.63m |
Total liabilities | US$107.38m |
Total assets | US$293.01m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GNE.PRA's short term assets ($247.2M) exceed its short term liabilities ($104.8M).
Long Term Liabilities: GNE.PRA's short term assets ($247.2M) exceed its long term liabilities ($2.6M).
Debt to Equity History and Analysis
Debt Level: GNE.PRA is debt free.
Reducing Debt: GNE.PRA has no debt compared to 5 years ago when its debt to equity ratio was 3.5%.
Debt Coverage: GNE.PRA has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: GNE.PRA has no debt, therefore coverage of interest payments is not a concern.