Elecnor Balance Sheet Health
Financial Health criteria checks 6/6
Elecnor has a total shareholder equity of €1.8B and total debt of €342.4M, which brings its debt-to-equity ratio to 18.6%. Its total assets and total liabilities are €4.0B and €2.2B respectively. Elecnor's EBIT is €79.5M making its interest coverage ratio 9.1. It has cash and short-term investments of €1.4B.
Key information
18.6%
Debt to equity ratio
€342.40m
Debt
| Interest coverage ratio | 9.1x |
| Cash | €1.37b |
| Equity | €1.84b |
| Total liabilities | €2.16b |
| Total assets | €4.00b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EK5's short term assets (€3.0B) exceed its short term liabilities (€1.9B).
Long Term Liabilities: EK5's short term assets (€3.0B) exceed its long term liabilities (€303.6M).
Debt to Equity History and Analysis
Debt Level: EK5 has more cash than its total debt.
Reducing Debt: EK5's debt to equity ratio has reduced from 202.5% to 18.6% over the past 5 years.
Debt Coverage: EK5's debt is well covered by operating cash flow (82.9%).
Interest Coverage: EK5's interest payments on its debt are well covered by EBIT (9.1x coverage).