EXEL Industries Balance Sheet Health
Financial Health criteria checks 4/6
EXEL Industries has a total shareholder equity of €438.1M and total debt of €218.6M, which brings its debt-to-equity ratio to 49.9%. Its total assets and total liabilities are €994.8M and €556.7M respectively. EXEL Industries's EBIT is €67.0M making its interest coverage ratio 9.2. It has cash and short-term investments of €34.5M.
Key information
49.9%
Debt to equity ratio
€218.59m
Debt
| Interest coverage ratio | 9.2x |
| Cash | €34.52m |
| Equity | €438.12m |
| Total liabilities | €556.72m |
| Total assets | €994.84m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8YK's short term assets (€667.0M) exceed its short term liabilities (€438.5M).
Long Term Liabilities: 8YK's short term assets (€667.0M) exceed its long term liabilities (€118.3M).
Debt to Equity History and Analysis
Debt Level: 8YK's net debt to equity ratio (42%) is considered high.
Reducing Debt: 8YK's debt to equity ratio has reduced from 57% to 49.9% over the past 5 years.
Debt Coverage: 8YK's debt is not well covered by operating cash flow (9.3%).
Interest Coverage: 8YK's interest payments on its debt are well covered by EBIT (9.2x coverage).