Eltel Balance Sheet Health
Financial Health criteria checks 4/6
Eltel has a total shareholder equity of €184.9M and total debt of €103.0M, which brings its debt-to-equity ratio to 55.7%. Its total assets and total liabilities are €592.5M and €407.6M respectively. Eltel's EBIT is €3.7M making its interest coverage ratio 0.3. It has cash and short-term investments of €16.6M.
Key information
55.7%
Debt to equity ratio
€103.00m
Debt
| Interest coverage ratio | 0.3x |
| Cash | €16.60m |
| Equity | €184.90m |
| Total liabilities | €407.60m |
| Total assets | €592.50m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: E5E's short term assets (€216.5M) do not cover its short term liabilities (€303.1M).
Long Term Liabilities: E5E's short term assets (€216.5M) exceed its long term liabilities (€104.5M).
Debt to Equity History and Analysis
Debt Level: E5E's net debt to equity ratio (46.7%) is considered high.
Reducing Debt: E5E's debt to equity ratio has reduced from 108.2% to 55.7% 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 8.1% per year.