Redeia Corporación Balance Sheet Health
Financial Health criteria checks 5/6
Redeia Corporación has a total shareholder equity of €5.4B and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €15.2B and €9.7B respectively. Redeia Corporación's EBIT is €695.2M making its interest coverage ratio 7.4. It has cash and short-term investments of €1.1B.
Key information
0%
Debt to equity ratio
€0
Debt
| Interest coverage ratio | 7.4x |
| Cash | €1.10b |
| Equity | €5.45b |
| Total liabilities | €9.73b |
| Total assets | €15.17b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RDEI.Y's short term assets (€2.8B) exceed its short term liabilities (€2.6B).
Long Term Liabilities: RDEI.Y's short term assets (€2.8B) do not cover its long term liabilities (€7.1B).
Debt to Equity History and Analysis
Debt Level: RDEI.Y is debt free.
Reducing Debt: RDEI.Y has no debt compared to 5 years ago when its debt to equity ratio was 163.1%.
Debt Coverage: RDEI.Y has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: RDEI.Y has no debt, therefore coverage of interest payments is not a concern.