Elecnor Balance Sheet Health
Financial Health criteria checks 5/6
Elecnor has a total shareholder equity of €883.7M and total debt of €1.1B, which brings its debt-to-equity ratio to 124.8%. Its total assets and total liabilities are €3.9B and €3.0B respectively. Elecnor's EBIT is €154.9M making its interest coverage ratio 4.9. It has cash and short-term investments of €402.3M.
Key information
124.8%
Debt to equity ratio
€1.10b
Debt
Interest coverage ratio | 4.9x |
Cash | €402.30m |
Equity | €883.72m |
Total liabilities | €2.99b |
Total assets | €3.88b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EK5's short term assets (€2.0B) exceed its short term liabilities (€2.0B).
Long Term Liabilities: EK5's short term assets (€2.0B) exceed its long term liabilities (€995.2M).
Debt to Equity History and Analysis
Debt Level: EK5's net debt to equity ratio (79.2%) is considered high.
Reducing Debt: EK5's debt to equity ratio has reduced from 207.2% to 124.8% over the past 5 years.
Debt Coverage: EK5's debt is well covered by operating cash flow (20.1%).
Interest Coverage: EK5's interest payments on its debt are well covered by EBIT (4.9x coverage).