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Enlight Renewable Energy stock: balance sheet and debt

ENLT
$67.27Closing price of 12 Nov 2026MEQIRI Score 42 out of 100

Enlight Renewable Energy has a debt to equity ratio of 2.57 and an interest coverage of 1.9x.

Daily figure as of 13 Nov 2026

Debt / Equity
2.57
Interest coverage
1.9x
Current ratio
0.67
Cash & equivalents
$165.86M
Total assets
$2.71B
Equity ratio
23.1%
Goodwill
$46.73M
Plus intangible assets of $48.67M
Net debt
$1.44B

Total assets and equity ratio

How large the balance sheet of Enlight Renewable Energy Ltd is, how much of it is equity and how much is goodwill from acquisitions.

Equity ratio

Figures as a table
YearTotal assetsGoodwill and intangible assetsof which goodwillEquity ratioNet debt
2006$8.2Mnot reported separatelynot reported separately92.9%−$7.18M
2007$28.91Mnot reported separatelynot reported separately98.0%−$28.14M
2008$28.06Mnot reported separatelynot reported separately99.0%−$27.95M
2009$28.41Mnot reported separatelynot reported separately99.8%−$28.34M
2010$46.93M$7.68M$1.25M75.8%−$18.71M
2011$164.89M$18.29M$1.22M19.6%$66.53M
2012$276.63M$19.27M$1.13M22.4%$20.04M
2013$919.77M$36.04M$969K19.9%$651.85M
2014$1.57B$74.23M$32K16.7%$843.19M
2015$1.67B$62.35Mnot split out14.9%$1.06B
2016$1.6B$69.44Mnot split out19.6%$1.13B
2017$1.99B$126.32Mnot split out23.1%$1.19B
2018$3.04B$147.34Mnot split out20.3%$1.93B
2019$1.29B$324.11Mnot split out30.1%$526.1M
2020$1.82B$362.2Mnot split out28.2%$952.16M
2021$2.84B$247.06M$148.13M26.7%$1.51B
2022$3.53B$279.72M$148.13M29.7%$1.93B
2023$4.63B$287.96M$148.13M31.0%$2.29B
2024$1.52B$79.99M$40.84M26.0%$749.45M
2025$2.71B$95.4M$46.73M23.1%$1.44B

The equity ratio divides total equity, including non-controlling interests, by total assets. Net debt is debt minus cash and short-term investments; a negative figure means cash exceeds debt. In years without separate goodwill, the table shows the sum of goodwill and intangible assets, because the data do not list goodwill separately there.

Equity and debt

What the company owns and owes

  • Cash & equivalents
  • Equity
  • Debt
Figures as a table
YearCash & equivalentsEquityDebtDebt / Equity
2006$7.18M$7.62M$2.03K0
2007$28.14M$28.33M$00
2008$27.95M$27.77M$00
2009$28.34M$28.37M$00
2010$19.14M$35.57M$429.02K0.01
2011$12.64M$29.71M$79.16M2.45
2012$33.49M$59.84M$53.53M0.86
2013$22.01M$110.39M$673.86M3.68
2014$234.72M$161.36M$1.08B4.13
2015$228.71M$181.14M$1.29B5.17
2016$56.11M$191.71M$1.19B3.79
2017$221.83M$329.85M$1.41B3.07
2018$269.72M$398.68M$2.2B3.56
2019$272.47M$295.12M$798.56M2.06
2020$219.89M$366.03M$1.17B2.28
2021$305.3M$532.64M$1.82B2.4
2022$231.82M$804.09M$2.16B2.06
2023$409.11M$1.17B$2.7B1.88
2024$106.33M$324M$855.78M2.16
2025$165.86M$529.79M$1.61B2.57

Debt to equity divides debt by total equity, including non-controlling interests, as S&P calculates it. The equity column shows the part that belongs to shareholders.

Data status and sources

Score
Daily value of 13 Nov 2026, recalculated nightly
Price
Closing price of 12 Nov 2026
Latest annual report
Fiscal year 2025, period end 31 Dec 2025
Source
Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.

Mandatory disclosures for this rating

  • ; time horizon around 12 months
  • Rated Weak, published since 7 Nov 2026 (in the score history since 21 Aug 2026)
  • Valuation signal Overvalued since 7 Nov 2026
  • End-of-day prices, metrics cached for up to 24 hours
  • Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
  • Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
  • Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.

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