Enlight Renewable Energy Ltd (ENLT) - Net Assets
Based on the latest financial reports, Enlight Renewable Energy Ltd (ENLT) has net assets worth ILA6.49 Billion ILA (≈ $17.39 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ILA25.76 Billion ≈ $69.05 Million USD) and total liabilities (ILA19.27 Billion ≈ $51.66 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check ENLT cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ILA6.49 Billion |
| % of Total Assets | 25.18% |
| Annual Growth Rate | 29.94% |
| 5-Year Change | -12.53% |
| 10-Year Change | 479.45% |
| Growth Volatility | 57.07 |
Enlight Renewable Energy Ltd - Net Assets Trend (2009–2024)
This chart illustrates how Enlight Renewable Energy Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Enlight Renewable Energy Ltd total assets for the complete picture of this company's asset base.
Annual Net Assets for Enlight Renewable Energy Ltd (2009–2024)
The table below shows the annual net assets of Enlight Renewable Energy Ltd from 2009 to 2024. For live valuation and market cap data, see Enlight Renewable Energy Ltd (ENLT) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ILA1.44 Billion ≈ $3.86 Million |
+0.35% |
| 2023-12-31 | ILA1.44 Billion ≈ $3.85 Million |
+36.84% |
| 2022-12-31 | ILA1.05 Billion ≈ $2.81 Million |
-55.45% |
| 2021-12-31 | ILA2.36 Billion ≈ $6.31 Million |
+42.98% |
| 2020-12-31 | ILA1.65 Billion ≈ $4.42 Million |
+22.76% |
| 2019-12-31 | ILA1.34 Billion ≈ $3.60 Million |
+117.07% |
| 2018-12-31 | ILA618.23 Million ≈ $1.66 Million |
+34.56% |
| 2017-12-31 | ILA459.44 Million ≈ $1.23 Million |
+46.38% |
| 2016-12-31 | ILA313.87 Million ≈ $841.49K |
+26.22% |
| 2015-12-31 | ILA248.67 Million ≈ $666.69K |
-4.83% |
| 2014-12-31 | ILA261.30 Million ≈ $700.54K |
+42.59% |
| 2013-12-31 | ILA183.25 Million ≈ $491.29K |
+195.92% |
| 2012-12-31 | ILA61.93 Million ≈ $166.02K |
+92.02% |
| 2011-12-31 | ILA32.25 Million ≈ $86.46K |
-9.12% |
| 2010-12-31 | ILA35.49 Million ≈ $95.14K |
+25.17% |
| 2009-12-31 | ILA28.35 Million ≈ $76.01K |
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Equity Component Analysis
This analysis shows how different components contribute to Enlight Renewable Energy Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 10791900000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ILA107.92 Million | 9.14% |
| Common Stock | ILA3.31 Million | 0.28% |
| Other Comprehensive Income | ILA25.27 Million | 2.14% |
| Other Components | ILA1.04 Billion | 88.44% |
| Total Equity | ILA1.18 Billion | 100.00% |
Enlight Renewable Energy Ltd Competitors by Market Cap
The table below lists competitors of Enlight Renewable Energy Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CITIC Securities Company Limited
F:CI9
|
$8.88 Billion |
|
ICICI Prudential Life Insurance Company Limited
NSE:ICICIPRULI
|
$8.88 Billion |
|
QuantumCTek Co Ltd
SHG:688027
|
$8.89 Billion |
|
ENN ENERGY HLD.UNS.ADR/25
F:XGH0
|
$8.90 Billion |
|
Jazz Pharmaceuticals plc
F:J7Z
|
$8.86 Billion |
|
Sofina Société Anonyme
BR:SOF
|
$8.86 Billion |
|
Rubrik, Inc.
NYSE:RBRK
|
$8.86 Billion |
|
Itissalat Al-Maghrib
PA:IAM
|
$8.85 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Enlight Renewable Energy Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,168,759,000 to 1,180,526,000, a change of 11,767,000 (1.0%).
- Net income of 44,209,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 9,282,780.
- Other factors decreased equity by 41,724,780.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ILA44.21 Million | +3.74% |
| Other Comprehensive Income | ILA9.28 Million | +0.79% |
| Other Changes | ILA-41.72 Million | -3.53% |
| Total Change | ILA- | 1.01% |
Book Value vs Market Value Analysis
This analysis compares Enlight Renewable Energy Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2665.46x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 13723.28x to 2665.46x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-12-31 | ILA1.82 | ILA25000.00 | x |
| 2011-12-31 | ILA1.39 | ILA25000.00 | x |
| 2012-12-31 | ILA2.19 | ILA25000.00 | x |
| 2013-12-31 | ILA3.07 | ILA25000.00 | x |
| 2014-12-31 | ILA4.03 | ILA25000.00 | x |
| 2015-12-31 | ILA4.55 | ILA25000.00 | x |
| 2016-12-31 | ILA5.43 | ILA25000.00 | x |
| 2017-12-31 | ILA6.73 | ILA25000.00 | x |
| 2018-12-31 | ILA7.45 | ILA25000.00 | x |
| 2019-12-31 | ILA16.31 | ILA25000.00 | x |
| 2020-12-31 | ILA15.01 | ILA25000.00 | x |
| 2021-12-31 | ILA16.88 | ILA25000.00 | x |
| 2022-12-31 | ILA8.04 | ILA25000.00 | x |
| 2023-12-31 | ILA9.44 | ILA25000.00 | x |
| 2024-12-31 | ILA9.38 | ILA25000.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Enlight Renewable Energy Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 3.74%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.09%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 4.70x
- Recent ROE (3.74%) is above the historical average (3.59%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 1.10% | 0.00% | 0.00x | 1.00x | ILA-2.52 Million |
| 2010 | -4.70% | -68.17% | 0.05x | 1.32x | ILA-5.22 Million |
| 2011 | -21.79% | -48.39% | 0.08x | 5.55x | ILA-9.45 Million |
| 2012 | 20.71% | 16.62% | 0.27x | 4.62x | ILA6.41 Million |
| 2013 | 19.16% | 8.74% | 0.26x | 8.33x | ILA10.12 Million |
| 2014 | 32.37% | 13.11% | 0.25x | 9.71x | ILA36.09 Million |
| 2015 | 8.61% | 8.30% | 0.11x | 9.22x | ILA-2.52 Million |
| 2016 | 2.02% | 11.70% | 0.02x | 8.27x | ILA-15.43 Million |
| 2017 | 0.34% | 2.98% | 0.02x | 6.03x | ILA-31.87 Million |
| 2018 | 0.65% | 3.29% | 0.03x | 7.62x | ILA-37.28 Million |
| 2019 | -1.71% | -9.06% | 0.04x | 4.38x | ILA-119.38 Million |
| 2020 | -12.83% | -62.38% | 0.04x | 4.97x | ILA-268.30 Million |
| 2021 | 0.68% | 3.39% | 0.04x | 5.32x | ILA-154.43 Million |
| 2022 | 3.08% | 12.88% | 0.05x | 4.39x | ILA-55.63 Million |
| 2023 | 6.07% | 27.16% | 0.06x | 3.96x | ILA-45.95 Million |
| 2024 | 3.74% | 11.09% | 0.07x | 4.70x | ILA-73.84 Million |
Industry Comparison
This section compares Enlight Renewable Energy Ltd's net assets metrics with peer companies in the Utilities - Renewable industry.
Industry Context
- Industry: Utilities - Renewable
- Average net assets among peers: $630,094,249
- Average return on equity (ROE) among peers: -16.10%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Enlight Renewable Energy Ltd (ENLT) | ILA6.49 Billion | 1.10% | 2.97x | $8.87 Billion |
| Doral Group Renewable Energy Resources Ltd (DORL) | $2.02 Billion | 0.99% | 1.90x | $4.35 Billion |
| Econergy Renewable Energy Ltd (ECNR) | $136.86 Million | -8.25% | 1.72x | $1.23 Billion |
| Ellomay Capital Ltd (ELLO) | $-15.91 Million | 0.00% | 0.00x | $254.94 Million |
| Energix Renewable Energies Ltd (ENRG) | $187.21 Million | -0.50% | 1.68x | $3.63 Billion |
| Homebiogas Ltd (HMGS) | $1.84 Million | -85.70% | 1.01x | $4.61 Million |
| Meshek Energy-Renewable Energies Ltd (MSKE) | $2.70 Billion | -1.93% | 0.47x | $2.66 Billion |
| Prime Energy PE Ltd (PRIM) | $4.39 Million | -42.92% | 11.56x | $526.21 Million |
| Sunflow Sustain (SNFL) | $271.40 Million | 4.33% | 1.56x | $103.97 Million |
| Tera Light Ltd (TRLT) | $369.33 Million | -10.94% | 2.42x | $401.14 Million |
About Enlight Renewable Energy Ltd
Enlight Renewable Energy Ltd operates a renewable energy platform in Israel, the Middle East, North Africa, Europe, the United States, and internationally. The company develops, finances, constructs, owns, and operates utility-scale renewable energy projects. It develops wind energy and solar energy projects, as well as energy storage projects. The company holds a portfolio of renewable energy pr… Read more