Ekotechnika Balance Sheet Health
Financial Health criteria checks 4/6
Ekotechnika has a total shareholder equity of €68.5M and total debt of €61.7M, which brings its debt-to-equity ratio to 90%. Its total assets and total liabilities are €159.8M and €91.3M respectively. Ekotechnika's EBIT is €21.2M making its interest coverage ratio 4. It has cash and short-term investments of €2.1M.
Key information
90.0%
Debt to equity ratio
€61.66m
Debt
| Interest coverage ratio | 4x |
| Cash | €2.07m |
| Equity | €68.50m |
| Total liabilities | €91.28m |
| Total assets | €159.78m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ETE's short term assets (€135.6M) exceed its short term liabilities (€89.7M).
Long Term Liabilities: ETE's short term assets (€135.6M) exceed its long term liabilities (€1.5M).
Debt to Equity History and Analysis
Debt Level: ETE's net debt to equity ratio (87%) is considered high.
Reducing Debt: ETE's debt to equity ratio has reduced from 135.1% to 90% over the past 5 years.
Debt Coverage: ETE's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ETE's interest payments on its debt are well covered by EBIT (4x coverage).