ELES Semiconductor Equipment Balance Sheet Health
Financial Health criteria checks 5/6
ELES Semiconductor Equipment has a total shareholder equity of €27.2M and total debt of €14.6M, which brings its debt-to-equity ratio to 53.8%. Its total assets and total liabilities are €55.0M and €27.7M respectively. ELES Semiconductor Equipment's EBIT is €2.3M making its interest coverage ratio 2.9. It has cash and short-term investments of €5.3M.
Key information
53.8%
Debt to equity ratio
€14.64m
Debt
| Interest coverage ratio | 2.9x |
| Cash | €5.33m |
| Equity | €27.21m |
| Total liabilities | €27.75m |
| Total assets | €54.96m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1EP's short term assets (€35.3M) exceed its short term liabilities (€16.2M).
Long Term Liabilities: 1EP's short term assets (€35.3M) exceed its long term liabilities (€11.5M).
Debt to Equity History and Analysis
Debt Level: 1EP's net debt to equity ratio (34.2%) is considered satisfactory.
Reducing Debt: 1EP's debt to equity ratio has reduced from 73.9% to 53.8% over the past 5 years.
Debt Coverage: 1EP's debt is well covered by operating cash flow (41.4%).
Interest Coverage: 1EP's interest payments on its debt are not well covered by EBIT (2.9x coverage).