Ellaktor Balance Sheet Health
Financial Health criteria checks 5/6
Ellaktor has a total shareholder equity of €974.7M and total debt of €653.6M, which brings its debt-to-equity ratio to 67.1%. Its total assets and total liabilities are €2.0B and €1.0B respectively. Ellaktor's EBIT is €157.3M making its interest coverage ratio 6.5. It has cash and short-term investments of €542.8M.
Key information
67.1%
Debt to equity ratio
€653.60m
Debt
Interest coverage ratio | 6.5x |
Cash | €542.80m |
Equity | €974.70m |
Total liabilities | €1.01b |
Total assets | €1.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HLL's short term assets (€1.1B) exceed its short term liabilities (€217.7M).
Long Term Liabilities: HLL's short term assets (€1.1B) exceed its long term liabilities (€792.3M).
Debt to Equity History and Analysis
Debt Level: HLL's net debt to equity ratio (11.4%) is considered satisfactory.
Reducing Debt: HLL's debt to equity ratio has reduced from 235.7% to 67.1% over the past 5 years.
Debt Coverage: HLL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: HLL's interest payments on its debt are well covered by EBIT (6.5x coverage).