Elton International Trading Balance Sheet Health
Financial Health criteria checks 6/6
Elton International Trading has a total shareholder equity of €68.3M and total debt of €20.6M, which brings its debt-to-equity ratio to 30.2%. Its total assets and total liabilities are €118.9M and €50.6M respectively. Elton International Trading's EBIT is €7.6M making its interest coverage ratio 4.7. It has cash and short-term investments of €4.5M.
Key information
30.2%
Debt to equity ratio
€20.60m
Debt
| Interest coverage ratio | 4.7x |
| Cash | €4.54m |
| Equity | €68.26m |
| Total liabilities | €50.61m |
| Total assets | €118.87m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: Y1O's short term assets (€92.8M) exceed its short term liabilities (€41.0M).
Long Term Liabilities: Y1O's short term assets (€92.8M) exceed its long term liabilities (€9.6M).
Debt to Equity History and Analysis
Debt Level: Y1O's net debt to equity ratio (23.5%) is considered satisfactory.
Reducing Debt: Y1O's debt to equity ratio has reduced from 45.7% to 30.2% over the past 5 years.
Debt Coverage: Y1O's debt is well covered by operating cash flow (38.9%).
Interest Coverage: Y1O's interest payments on its debt are well covered by EBIT (4.7x coverage).