Elate Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Elate Holdings has a total shareholder equity of $417.2M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $438.3M and $21.1M respectively. Elate Holdings's EBIT is $217.0K making its interest coverage ratio -19.7. It has cash and short-term investments of $4.6M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | -19.7x |
| Cash | US$4.60m |
| Equity | US$417.18m |
| Total liabilities | US$21.12m |
| Total assets | US$438.31m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SN3's short term assets ($375.3M) exceed its short term liabilities ($20.3M).
Long Term Liabilities: SN3's short term assets ($375.3M) exceed its long term liabilities ($780.0K).
Debt to Equity History and Analysis
Debt Level: SN3 is debt free.
Reducing Debt: SN3 had no debt 5 years ago.
Debt Coverage: SN3 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SN3 has no debt, therefore coverage of interest payments is not a concern.