ElringKlinger Balance Sheet Health
Financial Health criteria checks 6/6
ElringKlinger has a total shareholder equity of €910.7M and total debt of €402.6M, which brings its debt-to-equity ratio to 44.2%. Its total assets and total liabilities are €2.0B and €1.1B respectively. ElringKlinger's EBIT is €89.9M making its interest coverage ratio 4.1. It has cash and short-term investments of €131.1M.
Key information
44.2%
Debt to equity ratio
€402.56m
Debt
| Interest coverage ratio | 4.1x |
| Cash | €131.06m |
| Equity | €910.68m |
| Total liabilities | €1.10b |
| Total assets | €2.01b |
Recent financial health updates
ElringKlinger (ETR:ZIL2) Seems To Be Using A Lot Of Debt
Mar 28
Here's Why ElringKlinger (ETR:ZIL2) Has A Meaningful Debt Burden
Nov 06Here's Why ElringKlinger (ETR:ZIL2) Has A Meaningful Debt Burden
Jun 01ElringKlinger (ETR:ZIL2) Has A Somewhat Strained Balance Sheet
Aug 23These 4 Measures Indicate That ElringKlinger (ETR:ZIL2) Is Using Debt Reasonably Well
Dec 03Is ElringKlinger (ETR:ZIL2) Using Too Much Debt?
Jul 09Recent updates
Why Investors Shouldn't Be Surprised By ElringKlinger AG's (ETR:ZIL2) 31% Share Price Surge
Apr 09ElringKlinger's (ETR:ZIL2) Performance Is Even Better Than Its Earnings Suggest
Apr 03ElringKlinger AG Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Mar 30ElringKlinger (ETR:ZIL2) Seems To Be Using A Lot Of Debt
Mar 28Here's Why ElringKlinger (ETR:ZIL2) Has A Meaningful Debt Burden
Nov 06A Look At The Intrinsic Value Of ElringKlinger AG (ETR:ZIL2)
Aug 04Here's Why ElringKlinger (ETR:ZIL2) Has A Meaningful Debt Burden
Jun 01ElringKlinger (ETR:ZIL2) Has Announced A Dividend Of €0.15
May 12ElringKlinger AG's (ETR:ZIL2) Intrinsic Value Is Potentially 17% Below Its Share Price
Apr 29ElringKlinger (ETR:ZIL2) Is Due To Pay A Dividend Of €0.15
Mar 31ElringKlinger (ETR:ZIL2) Has A Somewhat Strained Balance Sheet
Aug 23ElringKlinger (ETR:ZIL2) Has Some Way To Go To Become A Multi-Bagger
Jan 06These 4 Measures Indicate That ElringKlinger (ETR:ZIL2) Is Using Debt Reasonably Well
Dec 03Is ElringKlinger AG (ETR:ZIL2) Expensive For A Reason? A Look At Its Intrinsic Value
Sep 09ElringKlinger's (ETR:ZIL2) Strong Earnings Are Of Good Quality
Aug 15ElringKlinger's (ETR:ZIL2) Returns Have Hit A Wall
Aug 11Is ElringKlinger (ETR:ZIL2) Using Too Much Debt?
Jul 09Earnings Update: Here's Why Analysts Just Lifted Their ElringKlinger AG (ETR:ZIL2) Price Target To €11.44
Apr 01Did Business Growth Power ElringKlinger's (ETR:ZIL2) Share Price Gain of 176%?
Mar 09How Many ElringKlinger AG (ETR:ZIL2) Shares Do Institutions Own?
Feb 11
The Returns On Capital At ElringKlinger (ETR:ZIL2) Don't Inspire Confidence
Dec 30What We Learned About ElringKlinger's (ETR:ZIL2) CEO Pay
Dec 09ElringKlinger (ETR:ZIL2) Has A Somewhat Strained Balance Sheet
Nov 18Financial Position Analysis
Short Term Liabilities: ZIL2's short term assets (€915.9M) exceed its short term liabilities (€653.8M).
Long Term Liabilities: ZIL2's short term assets (€915.9M) exceed its long term liabilities (€443.7M).
Debt to Equity History and Analysis
Debt Level: ZIL2's net debt to equity ratio (29.8%) is considered satisfactory.
Reducing Debt: ZIL2's debt to equity ratio has reduced from 86.3% to 44.2% over the past 5 years.
Debt Coverage: ZIL2's debt is well covered by operating cash flow (32.2%).
Interest Coverage: ZIL2's interest payments on its debt are well covered by EBIT (4.1x coverage).