ELES Semiconductor Equipment Balance Sheet Health
Financial Health criteria checks 4/6
ELES Semiconductor Equipment has a total shareholder equity of €26.4M and total debt of €16.6M, which brings its debt-to-equity ratio to 63.1%. Its total assets and total liabilities are €57.2M and €30.9M respectively. ELES Semiconductor Equipment's EBIT is €1.9M making its interest coverage ratio 4.3. It has cash and short-term investments of €5.5M.
Key information
63.1%
Debt to equity ratio
€16.64m
Debt
Interest coverage ratio | 4.3x |
Cash | €5.45m |
Equity | €26.35m |
Total liabilities | €30.86m |
Total assets | €57.21m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1EP's short term assets (€38.1M) exceed its short term liabilities (€17.0M).
Long Term Liabilities: 1EP's short term assets (€38.1M) exceed its long term liabilities (€13.8M).
Debt to Equity History and Analysis
Debt Level: 1EP's net debt to equity ratio (42.4%) is considered high.
Reducing Debt: 1EP's debt to equity ratio has reduced from 138.6% to 63.1% over the past 5 years.
Debt Coverage: 1EP's debt is not well covered by operating cash flow (11.8%).
Interest Coverage: 1EP's interest payments on its debt are well covered by EBIT (4.3x coverage).