ElringKlinger Balance Sheet Health
Financial Health criteria checks 6/6
ElringKlinger has a total shareholder equity of €917.3M and total debt of €424.4M, which brings its debt-to-equity ratio to 46.3%. Its total assets and total liabilities are €2.1B and €1.1B respectively. ElringKlinger's EBIT is €87.7M making its interest coverage ratio 4. It has cash and short-term investments of €150.0M.
Key information
46.3%
Debt to equity ratio
€424.44m
Debt
Interest coverage ratio | 4x |
Cash | €150.00m |
Equity | €917.28m |
Total liabilities | €1.14b |
Total assets | €2.06b |
Recent financial health updates
ElringKlinger (ETR:ZIL2) Seems To Be Using A Lot Of Debt
Mar 28Here'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 11The 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 (€968.1M) exceed its short term liabilities (€689.0M).
Long Term Liabilities: ZIL2's short term assets (€968.1M) exceed its long term liabilities (€454.2M).
Debt to Equity History and Analysis
Debt Level: ZIL2's net debt to equity ratio (29.9%) is considered satisfactory.
Reducing Debt: ZIL2's debt to equity ratio has reduced from 90.1% to 46.3% over the past 5 years.
Debt Coverage: ZIL2's debt is well covered by operating cash flow (35.3%).
Interest Coverage: ZIL2's interest payments on its debt are well covered by EBIT (4x coverage).