Elecster Oyj Balance Sheet Health
Financial Health criteria checks 5/6
Elecster Oyj has a total shareholder equity of €24.8M and total debt of €7.2M, which brings its debt-to-equity ratio to 29.1%. Its total assets and total liabilities are €44.5M and €19.8M respectively. Elecster Oyj's EBIT is €1.7M making its interest coverage ratio -2.1. It has cash and short-term investments of €7.4M.
Key information
29.1%
Debt to equity ratio
€7.20m
Debt
| Interest coverage ratio | -2.1x |
| Cash | €7.44m |
| Equity | €24.77m |
| Total liabilities | €19.77m |
| Total assets | €44.54m |
Recent financial health updates
These 4 Measures Indicate That Elecster Oyj (HEL:ELEAV) Is Using Debt Extensively
Nov 06
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
These 4 Measures Indicate That Elecster Oyj (HEL:ELEAV) Is Using Debt Extensively
Nov 06Unpleasant Surprises Could Be In Store For Elecster Oyj's (HEL:ELEAV) Shares
Aug 02Elecster 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 17
Financial Position Analysis
Short Term Liabilities: ELEAV's short term assets (€34.4M) exceed its short term liabilities (€12.2M).
Long Term Liabilities: ELEAV's short term assets (€34.4M) exceed its long term liabilities (€7.6M).
Debt to Equity History and Analysis
Debt Level: ELEAV has more cash than its total debt.
Reducing Debt: ELEAV's debt to equity ratio has reduced from 68.5% to 29.1% over the past 5 years.
Debt Coverage: ELEAV's debt is not well covered by operating cash flow (15.2%).
Interest Coverage: ELEAV earns more interest than it pays, so coverage of interest payments is not a concern.