AS Harju Elekter Balance Sheet Health
Financial Health criteria checks 5/6
AS Harju Elekter has a total shareholder equity of €93.2M and total debt of €31.9M, which brings its debt-to-equity ratio to 34.2%. Its total assets and total liabilities are €163.5M and €70.3M respectively. AS Harju Elekter's EBIT is €8.8M making its interest coverage ratio 4.5. It has cash and short-term investments of €2.0M.
Key information
34.2%
Debt to equity ratio
€31.85m
Debt
| Interest coverage ratio | 4.5x |
| Cash | €1.97m |
| Equity | €93.23m |
| Total liabilities | €70.26m |
| Total assets | €163.49m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HD8's short term assets (€65.2M) exceed its short term liabilities (€46.9M).
Long Term Liabilities: HD8's short term assets (€65.2M) exceed its long term liabilities (€23.3M).
Debt to Equity History and Analysis
Debt Level: HD8's net debt to equity ratio (32.1%) is considered satisfactory.
Reducing Debt: HD8's debt to equity ratio has increased from 23.9% to 34.2% over the past 5 years.
Debt Coverage: HD8's debt is well covered by operating cash flow (58.8%).
Interest Coverage: HD8's interest payments on its debt are well covered by EBIT (4.5x coverage).