ENLTEnlight Renewable Energy Ltd

$78.80

Is it safe?

Can ENLT take a bad year?

Enlight Renewable Energy Ltd carries $1.24B of net debt at 2.57× EBITDA: a load its earnings can carry.

$1.24B

Net debt · as at FY2025 · between two and four years of EBITDA, normal for a stable business

Net debt / EBITDA
2.57×

Net debt / EBITDA · 0.13× a year ago · the load is going up

Cash runway
0.3 years

Cash runway · burning $382M a quarter at the current rate

Annualised volatility
51%

Annualised volatility · roughly twice as jumpy as the market

Details
Total debtFY2025
$1.77B
Cash and short-term investments
$529M
Net debt
$1.24B
EBITDA, trailing twelve months
$482M
Operating profit, trailing twelve months
$332M
Debt / equity
1.05×
Total debt / EBITDA
3.67×
Annualised volatilitytwo years of daily moves
51%
Worst drawdown on file
−39%
Below its 52-week high
−27%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.