ELQ Balance Sheet Health
Financial Health criteria checks 5/6
ELQ has a total shareholder equity of PLN13.5M and total debt of PLN2.9M, which brings its debt-to-equity ratio to 21.5%. Its total assets and total liabilities are PLN59.2M and PLN45.6M respectively. ELQ's EBIT is PLN15.2M making its interest coverage ratio 31.3. It has cash and short-term investments of PLN474.6K.
Key information
21.5%
Debt to equity ratio
zł2.91m
Debt
Interest coverage ratio | 31.3x |
Cash | zł474.65k |
Equity | zł13.55m |
Total liabilities | zł45.63m |
Total assets | zł59.17m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7DP's short term assets (PLN46.5M) exceed its short term liabilities (PLN41.7M).
Long Term Liabilities: 7DP's short term assets (PLN46.5M) exceed its long term liabilities (PLN4.0M).
Debt to Equity History and Analysis
Debt Level: 7DP's net debt to equity ratio (18%) is considered satisfactory.
Reducing Debt: 7DP's debt to equity ratio has reduced from 93.9% to 21.5% over the past 5 years.
Debt Coverage: 7DP's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 7DP's interest payments on its debt are well covered by EBIT (31.3x coverage).