Ekotechnika Balance Sheet Health
Financial Health criteria checks 4/6
Ekotechnika has a total shareholder equity of €74.1M and total debt of €66.0M, which brings its debt-to-equity ratio to 89.1%. Its total assets and total liabilities are €172.6M and €98.6M respectively. Ekotechnika's EBIT is €33.0M making its interest coverage ratio 12. It has cash and short-term investments of €1.7M.
Key information
89.1%
Debt to equity ratio
€65.96m
Debt
| Interest coverage ratio | 12x |
| Cash | €1.69m |
| Equity | €74.06m |
| Total liabilities | €98.57m |
| Total assets | €172.63m |
Recent financial health updates
No updates
Recent updates
Investors Shouldn't Overlook The Favourable Returns On Capital At Ekotechnika (ETR:ETE)
Sep 16
Ekotechnika (ETR:ETE) May Have Issues Allocating Its Capital
Jun 12Robust Earnings May Not Tell The Whole Story For Ekotechnika (ETR:ETE)
Feb 26A Piece Of The Puzzle Missing From Ekotechnika AG's (ETR:ETE) 32% Share Price Climb
Oct 08Financial Position Analysis
Short Term Liabilities: ETE's short term assets (€142.6M) exceed its short term liabilities (€96.5M).
Long Term Liabilities: ETE's short term assets (€142.6M) exceed its long term liabilities (€2.1M).
Debt to Equity History and Analysis
Debt Level: ETE's net debt to equity ratio (86.8%) is considered high.
Reducing Debt: ETE's debt to equity ratio has reduced from 163.9% to 89.1% over the past 5 years.
Debt Coverage: ETE's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ETE's interest payments on its debt are well covered by EBIT (12x coverage).