Ellinas Finance Balance Sheet Health
Financial Health criteria checks 2/6
Ellinas Finance has a total shareholder equity of €8.7M and total debt of €7.3M, which brings its debt-to-equity ratio to 83.7%. Its total assets and total liabilities are €18.7M and €10.0M respectively.
Key information
83.7%
Debt to equity ratio
€7.29m
Debt
Interest coverage ratio | n/a |
Cash | €647.78k |
Equity | €8.71m |
Total liabilities | €10.00m |
Total assets | €18.71m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ELF's short term assets (€16.4M) exceed its short term liabilities (€6.4M).
Long Term Liabilities: ELF's short term assets (€16.4M) exceed its long term liabilities (€3.6M).
Debt to Equity History and Analysis
Debt Level: ELF's net debt to equity ratio (76.3%) is considered high.
Reducing Debt: ELF's debt to equity ratio has increased from 0% to 83.7% over the past 5 years.
Debt Coverage: ELF's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if ELF's interest payments on its debt are well covered by EBIT.