ecotel communication ag Balance Sheet Health
Financial Health criteria checks 5/6
ecotel communication ag has a total shareholder equity of €24.5M and total debt of €1.0M, which brings its debt-to-equity ratio to 4.1%. Its total assets and total liabilities are €51.2M and €26.8M respectively. ecotel communication ag's EBIT is €1.9M making its interest coverage ratio 8.1. It has cash and short-term investments of €2.3M.
Key information
4.1%
Debt to equity ratio
€1.00m
Debt
| Interest coverage ratio | 8.1x |
| Cash | €2.30m |
| Equity | €24.48m |
| Total liabilities | €26.77m |
| Total assets | €51.25m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: E4C's short term assets (€16.4M) do not cover its short term liabilities (€19.9M).
Long Term Liabilities: E4C's short term assets (€16.4M) exceed its long term liabilities (€6.8M).
Debt to Equity History and Analysis
Debt Level: E4C has more cash than its total debt.
Reducing Debt: E4C's debt to equity ratio has reduced from 21.1% to 4.1% over the past 5 years.
Debt Coverage: E4C's debt is well covered by operating cash flow (127.7%).
Interest Coverage: E4C's interest payments on its debt are well covered by EBIT (8.1x coverage).