Eleving Group Balance Sheet Health
Financial Health criteria checks 3/6
Eleving Group has a total shareholder equity of €87.9M and total debt of €317.9M, which brings its debt-to-equity ratio to 361.7%. Its total assets and total liabilities are €441.8M and €353.9M respectively.
Key information
361.7%
Debt to equity ratio
€317.90m
Debt
| Interest coverage ratio | n/a |
| Cash | €27.40m |
| Equity | €87.90m |
| Total liabilities | €353.90m |
| Total assets | €441.80m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OT8's short term assets (€393.7M) exceed its short term liabilities (€16.5M).
Long Term Liabilities: OT8's short term assets (€393.7M) exceed its long term liabilities (€337.4M).
Debt to Equity History and Analysis
Debt Level: OT8's net debt to equity ratio (330.5%) is considered high.
Reducing Debt: OT8's debt to equity ratio has reduced from 760.9% to 361.7% over the past 5 years.
Debt Coverage: OT8's debt is not well covered by operating cash flow (7.6%).
Interest Coverage: Insufficient data to determine if OT8's interest payments on its debt are well covered by EBIT.