ELANA Agrocredit AD Balance Sheet Health
Financial Health criteria checks 2/6
ELANA Agrocredit AD has a total shareholder equity of BGN53.8M and total debt of BGN41.0M, which brings its debt-to-equity ratio to 76.2%. Its total assets and total liabilities are BGN95.1M and BGN41.3M respectively.
Key information
76.2%
Debt to equity ratio
лв40.96m
Debt
| Interest coverage ratio | n/a |
| Cash | лв14.74m |
| Equity | лв53.76m |
| Total liabilities | лв41.33m |
| Total assets | лв95.09m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: EAC's short term assets (BGN95.1M) exceed its short term liabilities (BGN9.6M).
Long Term Liabilities: EAC's short term assets (BGN95.1M) exceed its long term liabilities (BGN31.7M).
Debt to Equity History and Analysis
Debt Level: EAC's net debt to equity ratio (48.8%) is considered high.
Reducing Debt: EAC's debt to equity ratio has increased from 41.7% to 76.2% 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.