Drax Group PLC
LSE:DRX

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Drax Group PLC Logo
Drax Group PLC
LSE:DRX
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Price: 807.5 GBX Market Closed
Market Cap: £2.7B

Bankruptcy Probability

Drax Group PLC's probability of bankruptcy is 1.6%, pointing to a small but noticeable default risk. The solvency score is 47/100 — a warning sign of potential financial weakness.

We take all the information about a company's solvency, such as how easily it can pay interest on outstanding debt, how much cash it has, the amount of debt, and more, and use it to estimate the probability of bankruptcy.

Moderate
Probability of Bankruptcy

Financial Position

Cash & Short-Term Investments
+
3Y
+142%
5Y
-26%
10Y
+29%
Long-Term Investments
+
3Y
-
5Y
-
10Y
-
Debt
+
3Y
-33%
5Y
-36%
10Y
+210%

Solvency Ratios

Solvency Ratios Comparison
Drax Group PLC Competitors

Country Company Market Cap D/E D/A Interest
Coverage
Altman
Z-Score
Quick
Ratio
Current
Ratio
Cash
Ratio
UK
Drax Group PLC
LSE:DRX
2.7B GBP
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CN
China Yangtze Power Co Ltd
SSE:600900
693.9B CNY
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CN
Huaneng Lancang River Hydropower Inc
SSE:600025
181.7B CNY
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ID
Barito Renewables Energy PT Tbk
IDX:BREN
414.7T IDR
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IN
Adani Green Energy Ltd
NSE:ADANIGREEN
2.1T INR
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RO
Societatea de Producere a Energiei Electrice in Hidrocentrale Hidroelectrica SA
XBSE:H2O
78.7B RON
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ES
EDP Renovaveis SA
ELI:EDPR
13.7B EUR
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CN
China Three Gorges Renewables Group Co Ltd
SSE:600905
103.2B CNY
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CN
China Longyuan Power Group Corp Ltd
HKEX:916
113.4B HKD
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CN
Sichuan Chuantou Energy Co Ltd
SSE:600674
79.3B CNY
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BM
Brookfield Renewable Partners LP
TSX:BEP.UN
12B CAD
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No Stocks Found
Is Drax Group PLC at risk of bankruptcy?

Drax Group PLC's probability of bankruptcy is 1.6%, pointing to a small but noticeable default risk.

The probability of bankruptcy is estimated using credit risk models that assess financial health, debt levels, interest coverage, and other solvency indicators.

How much debt does Drax Group PLC have?

As of the latest report, Drax Group PLC has total debt of 988.1m GBP. This includes both short-term (0 GBP) and long-term (988.1m GBP) debt.

You can find a full breakdown on its Balance Sheet.

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