Erria Balance Sheet Health
Financial Health criteria checks 5/6
Erria has a total shareholder equity of DKK10.3M and total debt of DKK14.8M, which brings its debt-to-equity ratio to 143.1%. Its total assets and total liabilities are DKK64.1M and DKK53.8M respectively. Erria's EBIT is DKK7.0M making its interest coverage ratio 8.6. It has cash and short-term investments of DKK16.9M.
Key information
143.1%
Debt to equity ratio
DKK 14.75m
Debt
| Interest coverage ratio | 8.6x |
| Cash | DKK 16.92m |
| Equity | DKK 10.31m |
| Total liabilities | DKK 53.77m |
| Total assets | DKK 64.08m |
Recent financial health updates
Here's Why Erria (CPH:ERRIA) Can Manage Its Debt Responsibly
Jun 28
Is Erria (CPH:ERRIA) Using Too Much Debt?
Aug 30Recent updates
Investors Holding Back On Erria A/S (CPH:ERRIA)
Sep 10Erria A/S (CPH:ERRIA) Looks Inexpensive But Perhaps Not Attractive Enough
Feb 10Erria A/S (CPH:ERRIA) Looks Inexpensive But Perhaps Not Attractive Enough
Oct 14Here's Why Erria (CPH:ERRIA) Can Manage Its Debt Responsibly
Jun 28Is Erria (CPH:ERRIA) Using Too Much Debt?
Aug 30Financial Position Analysis
Short Term Liabilities: ERRIA's short term assets (DKK59.6M) exceed its short term liabilities (DKK53.8M).
Long Term Liabilities: ERRIA has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: ERRIA has more cash than its total debt.
Reducing Debt: ERRIA had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: ERRIA's debt is not well covered by operating cash flow (7.8%).
Interest Coverage: ERRIA's interest payments on its debt are well covered by EBIT (8.6x coverage).