Elaia Investment Spain Socimi Balance Sheet Health
Financial Health criteria checks 1/6
Elaia Investmentin Socimi has a total shareholder equity of €30.1M and total debt of €28.0M, which brings its debt-to-equity ratio to 93.2%. Its total assets and total liabilities are €59.3M and €29.2M respectively. Elaia Investmentin Socimi's EBIT is €1.3M making its interest coverage ratio 1.7. It has cash and short-term investments of €2.3M.
Key information
93.2%
Debt to equity ratio
€28.03m
Debt
Interest coverage ratio | 1.7x |
Cash | €2.35m |
Equity | €30.06m |
Total liabilities | €29.22m |
Total assets | €59.29m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: YEIS's short term assets (€5.7M) exceed its short term liabilities (€4.0M).
Long Term Liabilities: YEIS's short term assets (€5.7M) do not cover its long term liabilities (€25.2M).
Debt to Equity History and Analysis
Debt Level: YEIS's net debt to equity ratio (85.4%) is considered high.
Reducing Debt: YEIS's debt to equity ratio has increased from 40.6% to 93.2% over the past 5 years.
Debt Coverage: YEIS's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: YEIS's interest payments on its debt are not well covered by EBIT (1.7x coverage).