Ellaktor Balance Sheet Health
Financial Health criteria checks 5/6
Ellaktor has a total shareholder equity of €779.9M and total debt of €604.9M, which brings its debt-to-equity ratio to 77.6%. Its total assets and total liabilities are €1.9B and €1.1B respectively. Ellaktor's EBIT is €121.7M making its interest coverage ratio 6.3. It has cash and short-term investments of €504.8M.
Key information
77.6%
Debt to equity ratio
€604.90m
Debt
| Interest coverage ratio | 6.3x |
| Cash | €504.79m |
| Equity | €779.92m |
| Total liabilities | €1.13b |
| Total assets | €1.91b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0K9T's short term assets (€1.1B) exceed its short term liabilities (€450.3M).
Long Term Liabilities: 0K9T's short term assets (€1.1B) exceed its long term liabilities (€684.3M).
Debt to Equity History and Analysis
Debt Level: 0K9T's net debt to equity ratio (12.8%) is considered satisfactory.
Reducing Debt: 0K9T's debt to equity ratio has reduced from 245.9% to 77.6% over the past 5 years.
Debt Coverage: 0K9T's debt is not well covered by operating cash flow (4%).
Interest Coverage: 0K9T's interest payments on its debt are well covered by EBIT (6.3x coverage).