Elecster Oyj Balance Sheet Health
Financial Health criteria checks 4/6
Elecster Oyj has a total shareholder equity of €23.9M and total debt of €17.7M, which brings its debt-to-equity ratio to 74.2%. Its total assets and total liabilities are €48.0M and €24.2M respectively. Elecster Oyj's EBIT is €2.0M making its interest coverage ratio 2.6. It has cash and short-term investments of €10.8M.
Key information
74.2%
Debt to equity ratio
€17.70m
Debt
Interest coverage ratio | 2.6x |
Cash | €10.83m |
Equity | €23.85m |
Total liabilities | €24.17m |
Total assets | €48.02m |
Recent financial health updates
Is Elecster Oyj (HEL:ELEAV) A Risky Investment?
Feb 29Elecster Oyj (HEL:ELEAV) Has A Pretty Healthy Balance Sheet
Apr 25Elecster Oyj (HEL:ELEAV) Takes On Some Risk With Its Use Of Debt
Jan 12Here's Why Elecster Oyj (HEL:ELEAV) Has A Meaningful Debt Burden
Feb 28Elecster Oyj (HEL:ELEAV) Has A Pretty Healthy Balance Sheet
May 30Recent updates
Elecster Oyj's (HEL:ELEAV) 28% Price Boost Is Out Of Tune With Revenues
Apr 12Is Elecster Oyj (HEL:ELEAV) A Risky Investment?
Feb 29Estimating The Intrinsic Value Of Elecster Oyj (HEL:ELEAV)
Jan 25Return Trends At Elecster Oyj (HEL:ELEAV) Aren't Appealing
Oct 21Estimating The Fair Value Of Elecster Oyj (HEL:ELEAV)
Aug 22Elecster Oyj (HEL:ELEAV) Has A Pretty Healthy Balance Sheet
Apr 25Elecster Oyj (HEL:ELEAV) Takes On Some Risk With Its Use Of Debt
Jan 12Here's Why Elecster Oyj (HEL:ELEAV) Has A Meaningful Debt Burden
Feb 28Elecster Oyj (HEL:ELEAV) Has A Pretty Healthy Balance Sheet
May 30Capital Allocation Trends At Elecster Oyj (HEL:ELEAV) Aren't Ideal
Apr 03Tread With Caution Around Elecster Oyj's (HEL:ELEAV) 2.2% Dividend Yield
Feb 09We're Watching These Trends At Elecster Oyj (HEL:ELEAV)
Dec 17Financial Position Analysis
Short Term Liabilities: ELEAV's short term assets (€37.3M) exceed its short term liabilities (€13.2M).
Long Term Liabilities: ELEAV's short term assets (€37.3M) exceed its long term liabilities (€10.9M).
Debt to Equity History and Analysis
Debt Level: ELEAV's net debt to equity ratio (28.8%) is considered satisfactory.
Reducing Debt: ELEAV's debt to equity ratio has reduced from 76.1% to 74.2% over the past 5 years.
Debt Coverage: ELEAV's debt is not well covered by operating cash flow (14.2%).
Interest Coverage: ELEAV's interest payments on its debt are not well covered by EBIT (2.6x coverage).