Elvalhalcor Hellenic Copper and Aluminium Industry Balance Sheet Health
Financial Health criteria checks 3/6
Elvalhalcor Hellenic Copper and Aluminium Industry has a total shareholder equity of €998.5M and total debt of €785.9M, which brings its debt-to-equity ratio to 78.7%. Its total assets and total liabilities are €2.5B and €1.5B respectively. Elvalhalcor Hellenic Copper and Aluminium Industry's EBIT is €125.5M making its interest coverage ratio 2.7. It has cash and short-term investments of €56.8M.
Key information
78.7%
Debt to equity ratio
€785.94m
Debt
| Interest coverage ratio | 2.7x |
| Cash | €56.80m |
| Equity | €998.51m |
| Total liabilities | €1.47b |
| Total assets | €2.47b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HC6A's short term assets (€1.2B) exceed its short term liabilities (€742.1M).
Long Term Liabilities: HC6A's short term assets (€1.2B) exceed its long term liabilities (€730.4M).
Debt to Equity History and Analysis
Debt Level: HC6A's net debt to equity ratio (73%) is considered high.
Reducing Debt: HC6A's debt to equity ratio has increased from 76.8% to 78.7% over the past 5 years.
Debt Coverage: HC6A's debt is well covered by operating cash flow (32.1%).
Interest Coverage: HC6A's interest payments on its debt are not well covered by EBIT (2.7x coverage).