Elica Balance Sheet Health
Financial Health criteria checks 6/6
Elica has a total shareholder equity of €146.4M and total debt of €80.7M, which brings its debt-to-equity ratio to 55.1%. Its total assets and total liabilities are €402.2M and €255.8M respectively. Elica's EBIT is €21.3M making its interest coverage ratio 4.5. It has cash and short-term investments of €39.4M.
Key information
55.1%
Debt to equity ratio
€80.70m
Debt
Interest coverage ratio | 4.5x |
Cash | €39.40m |
Equity | €146.45m |
Total liabilities | €255.80m |
Total assets | €402.25m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7L4's short term assets (€187.8M) exceed its short term liabilities (€183.5M).
Long Term Liabilities: 7L4's short term assets (€187.8M) exceed its long term liabilities (€72.3M).
Debt to Equity History and Analysis
Debt Level: 7L4's net debt to equity ratio (28.2%) is considered satisfactory.
Reducing Debt: 7L4's debt to equity ratio has reduced from 80.5% to 55.1% over the past 5 years.
Debt Coverage: 7L4's debt is well covered by operating cash flow (36.4%).
Interest Coverage: 7L4's interest payments on its debt are well covered by EBIT (4.5x coverage).