Ernst Russ Balance Sheet Health
Financial Health criteria checks 6/6
Ernst Russ has a total shareholder equity of €260.1M and total debt of €2.3M, which brings its debt-to-equity ratio to 0.9%. Its total assets and total liabilities are €340.3M and €80.2M respectively. Ernst Russ's EBIT is €63.8M making its interest coverage ratio -28.8. It has cash and short-term investments of €67.3M.
Key information
0.9%
Debt to equity ratio
€2.27m
Debt
Interest coverage ratio | -28.8x |
Cash | €67.30m |
Equity | €260.09m |
Total liabilities | €80.18m |
Total assets | €340.27m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HXCK's short term assets (€80.7M) exceed its short term liabilities (€63.8M).
Long Term Liabilities: HXCK's short term assets (€80.7M) exceed its long term liabilities (€16.4M).
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 43.7% to 0.9% over the past 5 years.
Debt Coverage: HXCK's debt is well covered by operating cash flow (3967.4%).
Interest Coverage: HXCK earns more interest than it pays, so coverage of interest payments is not a concern.