ELL Environmental Holdings Balance Sheet Health
Financial Health criteria checks 1/6
ELL Environmental Holdings has a total shareholder equity of HK$249.5M and total debt of HK$179.0M, which brings its debt-to-equity ratio to 71.8%. Its total assets and total liabilities are HK$495.0M and HK$245.5M respectively. ELL Environmental Holdings's EBIT is HK$10.5M making its interest coverage ratio 0.9. It has cash and short-term investments of HK$15.3M.
Key information
71.8%
Debt to equity ratio
HK$179.05m
Debt
| Interest coverage ratio | 0.9x |
| Cash | HK$15.31m |
| Equity | HK$249.54m |
| Total liabilities | HK$245.49m |
| Total assets | HK$495.03m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6EL's short term assets (HK$107.0M) exceed its short term liabilities (HK$48.9M).
Long Term Liabilities: 6EL's short term assets (HK$107.0M) do not cover its long term liabilities (HK$196.6M).
Debt to Equity History and Analysis
Debt Level: 6EL's net debt to equity ratio (65.6%) is considered high.
Reducing Debt: 6EL's debt to equity ratio has increased from 10.8% to 71.8% 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: 6EL has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 6EL has less than a year of cash runway if free cash flow continues to reduce at historical rates of 53.2% each year