Ernst Russ Balance Sheet Health
Financial Health criteria checks 6/6
Ernst Russ has a total shareholder equity of €251.2M and total debt of €2.2M, which brings its debt-to-equity ratio to 0.9%. Its total assets and total liabilities are €364.5M and €113.3M respectively. Ernst Russ's EBIT is €58.6M making its interest coverage ratio -26.4. It has cash and short-term investments of €108.3M.
Key information
0.9%
Debt to equity ratio
€2.17m
Debt
| Interest coverage ratio | -26.4x |
| Cash | €108.29m |
| Equity | €251.20m |
| Total liabilities | €113.34m |
| Total assets | €364.54m |
Recent financial health updates
No updates
Recent updates
This Analyst Just Made A Neat Upgrade To Their Ernst Russ AG (ETR:HXCK) Earnings Forecasts
Aug 31
New Forecasts: Here's What Analysts Think The Future Holds For Ernst Russ AG (ETR:HXCK)
Apr 03What Is The Ownership Structure Like For Ernst Russ AG (ETR:HXCK)?
Feb 20The Ernst Russ (ETR:HXCK) Share Price Has Gained 181%, So Why Not Pay It Some Attention?
Dec 19Financial Position Analysis
Short Term Liabilities: HXCK's short term assets (€121.3M) exceed its short term liabilities (€6.0M).
Long Term Liabilities: HXCK's short term assets (€121.3M) exceed its long term liabilities (€107.4M).
Debt to Equity History and Analysis
Debt Level: HXCK has more cash than its total debt.
Reducing Debt: HXCK's debt to equity ratio has reduced from 78.9% to 0.9% over the past 5 years.
Debt Coverage: HXCK's debt is well covered by operating cash flow (4706.5%).
Interest Coverage: HXCK earns more interest than it pays, so coverage of interest payments is not a concern.