Elica Balance Sheet Health
Financial Health criteria checks 4/6
Elica has a total shareholder equity of €140.8M and total debt of €105.1M, which brings its debt-to-equity ratio to 74.7%. Its total assets and total liabilities are €443.6M and €302.8M respectively. Elica's EBIT is €11.4M making its interest coverage ratio 2.1. It has cash and short-term investments of €60.3M.
Key information
74.7%
Debt to equity ratio
€105.14m
Debt
| Interest coverage ratio | 2.1x |
| Cash | €60.25m |
| Equity | €140.79m |
| Total liabilities | €302.80m |
| Total assets | €443.59m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0EA2's short term assets (€231.5M) exceed its short term liabilities (€228.7M).
Long Term Liabilities: 0EA2's short term assets (€231.5M) exceed its long term liabilities (€74.1M).
Debt to Equity History and Analysis
Debt Level: 0EA2's net debt to equity ratio (31.9%) is considered satisfactory.
Reducing Debt: 0EA2's debt to equity ratio has increased from 74.1% to 74.7% over the past 5 years.
Debt Coverage: 0EA2's debt is well covered by operating cash flow (26.7%).
Interest Coverage: 0EA2's interest payments on its debt are not well covered by EBIT (2.1x coverage).