Elma Electronic Balance Sheet Health
Financial Health criteria checks 5/6
Elma Electronic has a total shareholder equity of CHF53.9M and total debt of CHF23.0M, which brings its debt-to-equity ratio to 42.6%. Its total assets and total liabilities are CHF110.9M and CHF57.0M respectively. Elma Electronic's EBIT is CHF7.3M making its interest coverage ratio 17.2. It has cash and short-term investments of CHF8.9M.
Key information
42.6%
Debt to equity ratio
CHF22.95m
Debt
| Interest coverage ratio | 17.2x |
| Cash | CHF8.95m |
| Equity | CHF53.91m |
| Total liabilities | CHF56.96m |
| Total assets | CHF110.87m |
Recent financial health updates
These 4 Measures Indicate That Elma Electronic (VTX:ELMN) Is Using Debt Reasonably Well
Apr 11
Here's Why Elma Electronic (VTX:ELMN) Has A Meaningful Debt Burden
Nov 23
Recent updates
Elma Electronic AG's (VTX:ELMN) CEO Compensation Looks Acceptable To Us And Here's Why
Apr 12Is Now The Time To Put Elma Electronic (VTX:ELMN) On Your Watchlist?
Jun 04These 4 Measures Indicate That Elma Electronic (VTX:ELMN) Is Using Debt Reasonably Well
Apr 11Elma Electronic's (VTX:ELMN) Returns On Capital Are Heading Higher
Mar 23Do Elma Electronic's (VTX:ELMN) Earnings Warrant Your Attention?
Mar 05Update: Elma Electronic (VTX:ELMN) Stock Gained 31% In The Last Five Years
Jan 18Do Institutions Own Elma Electronic AG (VTX:ELMN) Shares?
Dec 22Should You Be Impressed By Elma Electronic's (VTX:ELMN) Returns on Capital?
Dec 07Here's Why Elma Electronic (VTX:ELMN) Has A Meaningful Debt Burden
Nov 23Financial Position Analysis
Short Term Liabilities: ELMN's short term assets (CHF83.8M) exceed its short term liabilities (CHF36.4M).
Long Term Liabilities: ELMN's short term assets (CHF83.8M) exceed its long term liabilities (CHF20.5M).
Debt to Equity History and Analysis
Debt Level: ELMN's net debt to equity ratio (26%) is considered satisfactory.
Reducing Debt: ELMN's debt to equity ratio has reduced from 68% to 42.6% over the past 5 years.
Debt Coverage: ELMN's debt is not well covered by operating cash flow (0.8%).
Interest Coverage: ELMN's interest payments on its debt are well covered by EBIT (17.2x coverage).