Elton International Trading Balance Sheet Health
Financial Health criteria checks 5/6
Elton International Trading has a total shareholder equity of €65.5M and total debt of €23.3M, which brings its debt-to-equity ratio to 35.6%. Its total assets and total liabilities are €112.5M and €47.0M respectively. Elton International Trading's EBIT is €6.7M making its interest coverage ratio 1.4. It has cash and short-term investments of €7.8M.
Key information
35.6%
Debt to equity ratio
€23.34m
Debt
Interest coverage ratio | 1.4x |
Cash | €7.79m |
Equity | €65.53m |
Total liabilities | €46.96m |
Total assets | €112.49m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: Y1O's short term assets (€86.1M) exceed its short term liabilities (€35.2M).
Long Term Liabilities: Y1O's short term assets (€86.1M) exceed its long term liabilities (€11.8M).
Debt to Equity History and Analysis
Debt Level: Y1O's net debt to equity ratio (23.7%) is considered satisfactory.
Reducing Debt: Y1O's debt to equity ratio has reduced from 43.9% to 35.6% over the past 5 years.
Debt Coverage: Y1O's debt is well covered by operating cash flow (68.2%).
Interest Coverage: Y1O's interest payments on its debt are not well covered by EBIT (1.4x coverage).