AS Harju Elekter Balance Sheet Health
Financial Health criteria checks 3/6
AS Harju Elekter has a total shareholder equity of €90.6M and total debt of €44.4M, which brings its debt-to-equity ratio to 49%. Its total assets and total liabilities are €187.9M and €97.3M respectively. AS Harju Elekter's EBIT is €7.7M making its interest coverage ratio 3.7. It has cash and short-term investments of €1.4M.
Key information
49.0%
Debt to equity ratio
€44.36m
Debt
Interest coverage ratio | 3.7x |
Cash | €1.44m |
Equity | €90.57m |
Total liabilities | €97.32m |
Total assets | €187.89m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HD8's short term assets (€87.8M) exceed its short term liabilities (€74.1M).
Long Term Liabilities: HD8's short term assets (€87.8M) exceed its long term liabilities (€23.2M).
Debt to Equity History and Analysis
Debt Level: HD8's net debt to equity ratio (47.4%) is considered high.
Reducing Debt: HD8's debt to equity ratio has increased from 18.1% to 49% over the past 5 years.
Debt Coverage: HD8's debt is not well covered by operating cash flow (1%).
Interest Coverage: HD8's interest payments on its debt are well covered by EBIT (3.7x coverage).