Eltel Balance Sheet Health
Financial Health criteria checks 5/6
Eltel has a total shareholder equity of €186.9M and total debt of €84.4M, which brings its debt-to-equity ratio to 45.2%. Its total assets and total liabilities are €587.5M and €400.6M respectively. Eltel's EBIT is €4.2M making its interest coverage ratio 0.4. It has cash and short-term investments of €13.7M.
Key information
45.2%
Debt to equity ratio
€84.40m
Debt
| Interest coverage ratio | 0.4x |
| Cash | €13.70m |
| Equity | €186.90m |
| Total liabilities | €400.60m |
| Total assets | €587.50m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: E5E's short term assets (€203.1M) do not cover its short term liabilities (€326.4M).
Long Term Liabilities: E5E's short term assets (€203.1M) exceed its long term liabilities (€74.2M).
Debt to Equity History and Analysis
Debt Level: E5E's net debt to equity ratio (37.8%) is considered satisfactory.
Reducing Debt: E5E's debt to equity ratio has reduced from 102.5% to 45.2% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable E5E has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: E5E is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 16.1% per year.