Elis Balance Sheet Health
Financial Health criteria checks 3/6
Elis has a total shareholder equity of €3.4B and total debt of €3.7B, which brings its debt-to-equity ratio to 106.6%. Its total assets and total liabilities are €9.2B and €5.8B respectively. Elis's EBIT is €576.7M making its interest coverage ratio 4.8. It has cash and short-term investments of €420.7M.
Key information
106.6%
Debt to equity ratio
€3.65b
Debt
| Interest coverage ratio | 4.8x |
| Cash | €420.70m |
| Equity | €3.43b |
| Total liabilities | €5.76b |
| Total assets | €9.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0RA8's short term assets (€1.6B) do not cover its short term liabilities (€2.2B).
Long Term Liabilities: 0RA8's short term assets (€1.6B) do not cover its long term liabilities (€3.6B).
Debt to Equity History and Analysis
Debt Level: 0RA8's net debt to equity ratio (94.3%) is considered high.
Reducing Debt: 0RA8's debt to equity ratio has reduced from 128.5% to 106.6% over the past 5 years.
Debt Coverage: 0RA8's debt is well covered by operating cash flow (38.3%).
Interest Coverage: 0RA8's interest payments on its debt are well covered by EBIT (4.8x coverage).