TERNA ENERGY Industrial Commercial Technical Societe Anonyme Balance Sheet Health
Financial Health criteria checks 2/6
TERNA ENERGY Industrial Commercial Technical Societe Anonyme has a total shareholder equity of €506.2M and total debt of €1.2B, which brings its debt-to-equity ratio to 236.7%. Its total assets and total liabilities are €2.1B and €1.6B respectively. TERNA ENERGY Industrial Commercial Technical Societe Anonyme's EBIT is €141.9M making its interest coverage ratio 3.3. It has cash and short-term investments of €255.6M.
Key information
236.7%
Debt to equity ratio
€1.20b
Debt
| Interest coverage ratio | 3.3x |
| Cash | €255.58m |
| Equity | €506.21m |
| Total liabilities | €1.57b |
| Total assets | €2.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TREA.Y's short term assets (€530.4M) exceed its short term liabilities (€231.5M).
Long Term Liabilities: TREA.Y's short term assets (€530.4M) do not cover its long term liabilities (€1.3B).
Debt to Equity History and Analysis
Debt Level: TREA.Y's net debt to equity ratio (186.2%) is considered high.
Reducing Debt: TREA.Y's debt to equity ratio has increased from 205.3% to 236.7% over the past 5 years.
Debt Coverage: TREA.Y's debt is not well covered by operating cash flow (11.6%).
Interest Coverage: TREA.Y's interest payments on its debt are well covered by EBIT (3.3x coverage).