Ellinas Finance Balance Sheet Health
Financial Health criteria checks 3/6
Ellinas Finance has a total shareholder equity of €8.9M and total debt of €6.1M, which brings its debt-to-equity ratio to 67.8%. Its total assets and total liabilities are €18.4M and €9.4M respectively.
Key information
67.8%
Debt to equity ratio
€6.06m
Debt
| Interest coverage ratio | n/a |
| Cash | €659.71k |
| Equity | €8.93m |
| Total liabilities | €9.43m |
| Total assets | €18.37m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: ELF's short term assets (€16.0M) exceed its short term liabilities (€4.6M).
Long Term Liabilities: ELF's short term assets (€16.0M) exceed its long term liabilities (€4.8M).
Debt to Equity History and Analysis
Debt Level: ELF's net debt to equity ratio (60.4%) is considered high.
Reducing Debt: ELF's debt to equity ratio has increased from 25.7% to 67.8% over the past 5 years.
Debt Coverage: ELF's debt is well covered by operating cash flow (20.7%).
Interest Coverage: Insufficient data to determine if ELF's interest payments on its debt are well covered by EBIT.