ELANA Agrocredit AD Balance Sheet Health
Financial Health criteria checks 2/6
ELANA Agrocredit AD has a total shareholder equity of BGN43.0M and total debt of BGN33.7M, which brings its debt-to-equity ratio to 78.5%. Its total assets and total liabilities are BGN77.3M and BGN34.3M respectively.
Key information
78.5%
Debt to equity ratio
лв33.74m
Debt
| Interest coverage ratio | n/a |
| Cash | лв1.99m |
| Equity | лв42.97m |
| Total liabilities | лв34.30m |
| Total assets | лв77.27m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: EAC's short term assets (BGN77.3M) exceed its short term liabilities (BGN9.2M).
Long Term Liabilities: EAC's short term assets (BGN77.3M) exceed its long term liabilities (BGN25.1M).
Debt to Equity History and Analysis
Debt Level: EAC's net debt to equity ratio (73.9%) is considered high.
Reducing Debt: EAC's debt to equity ratio has increased from 52.2% to 78.5% over the past 5 years.
Debt Coverage: EAC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if EAC's interest payments on its debt are well covered by EBIT.