ELL Environmental Holdings Balance Sheet Health
Financial Health criteria checks 1/6
ELL Environmental Holdings has a total shareholder equity of HK$278.9M and total debt of HK$184.1M, which brings its debt-to-equity ratio to 66%. Its total assets and total liabilities are HK$526.1M and HK$247.2M respectively. ELL Environmental Holdings's EBIT is HK$14.2M making its interest coverage ratio 1.2. It has cash and short-term investments of HK$30.2M.
Key information
66.0%
Debt to equity ratio
HK$184.13m
Debt
Interest coverage ratio | 1.2x |
Cash | HK$30.16m |
Equity | HK$278.90m |
Total liabilities | HK$247.20m |
Total assets | HK$526.10m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6EL's short term assets (HK$124.0M) exceed its short term liabilities (HK$117.3M).
Long Term Liabilities: 6EL's short term assets (HK$124.0M) do not cover its long term liabilities (HK$129.9M).
Debt to Equity History and Analysis
Debt Level: 6EL's net debt to equity ratio (55.2%) is considered high.
Reducing Debt: 6EL's debt to equity ratio has increased from 10.5% to 66% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if 6EL has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 6EL has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.