Elysee Development Balance Sheet Health
Financial Health criteria checks 3/6
Elysee Development has a total shareholder equity of CA$12.2M and total debt of CA$1.8M, which brings its debt-to-equity ratio to 14.6%. Its total assets and total liabilities are CA$14.0M and CA$1.8M respectively.
Key information
14.6%
Debt to equity ratio
CA$1.78m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$11.87m |
| Equity | CA$12.20m |
| Total liabilities | CA$1.79m |
| Total assets | CA$13.99m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: ELC's short term assets (CA$11.9M) exceed its short term liabilities (CA$6.2K).
Long Term Liabilities: ELC's short term assets (CA$11.9M) exceed its long term liabilities (CA$1.8M).
Debt to Equity History and Analysis
Debt Level: ELC has more cash than its total debt.
Reducing Debt: ELC's debt to equity ratio has increased from 0% to 14.6% over the past 5 years.
Debt Coverage: ELC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if ELC's interest payments on its debt are well covered by EBIT.