Elaia Investment Spain Socimi Balance Sheet Health
Financial Health criteria checks 2/6
Elaia Investmentin Socimi has a total shareholder equity of €31.2M and total debt of €26.3M, which brings its debt-to-equity ratio to 84.1%. Its total assets and total liabilities are €59.0M and €27.8M respectively. Elaia Investmentin Socimi's EBIT is €2.8M making its interest coverage ratio 3.3. It has cash and short-term investments of €5.4M.
Key information
84.1%
Debt to equity ratio
€26.26m
Debt
| Interest coverage ratio | 3.3x |
| Cash | €5.38m |
| Equity | €31.20m |
| Total liabilities | €27.82m |
| Total assets | €59.02m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: YEIS's short term assets (€6.5M) exceed its short term liabilities (€4.5M).
Long Term Liabilities: YEIS's short term assets (€6.5M) do not cover its long term liabilities (€23.4M).
Debt to Equity History and Analysis
Debt Level: YEIS's net debt to equity ratio (66.9%) is considered high.
Reducing Debt: YEIS's debt to equity ratio has increased from 60.6% to 84.1% over the past 5 years.
Debt Coverage: YEIS's debt is not well covered by operating cash flow (14.7%).
Interest Coverage: YEIS's interest payments on its debt are well covered by EBIT (3.3x coverage).