Energy Solar Tech Balance Sheet Health
Financial Health criteria checks 5/6
Energy Solar Tech has a total shareholder equity of €47.4M and total debt of €23.6M, which brings its debt-to-equity ratio to 49.8%. Its total assets and total liabilities are €89.5M and €42.1M respectively. Energy Solar Tech's EBIT is €5.6M making its interest coverage ratio 4.8. It has cash and short-term investments of €10.8M.
Key information
49.8%
Debt to equity ratio
€23.63m
Debt
Interest coverage ratio | 4.8x |
Cash | €10.76m |
Equity | €47.44m |
Total liabilities | €42.07m |
Total assets | €89.51m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DH4's short term assets (€30.1M) exceed its short term liabilities (€24.5M).
Long Term Liabilities: DH4's short term assets (€30.1M) exceed its long term liabilities (€17.6M).
Debt to Equity History and Analysis
Debt Level: DH4's net debt to equity ratio (27.1%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if DH4's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: DH4's debt is well covered by operating cash flow (33.4%).
Interest Coverage: DH4's interest payments on its debt are well covered by EBIT (4.8x coverage).