Elica Balance Sheet Health
Financial Health criteria checks 6/6
Elica has a total shareholder equity of €145.1M and total debt of €111.0M, which brings its debt-to-equity ratio to 76.5%. Its total assets and total liabilities are €466.1M and €320.9M respectively. Elica's EBIT is €24.3M making its interest coverage ratio 3.8. It has cash and short-term investments of €61.1M.
Key information
76.5%
Debt to equity ratio
€111.00m
Debt
Interest coverage ratio | 3.8x |
Cash | €61.14m |
Equity | €145.14m |
Total liabilities | €320.93m |
Total assets | €466.07m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0EA2's short term assets (€251.4M) exceed its short term liabilities (€228.0M).
Long Term Liabilities: 0EA2's short term assets (€251.4M) exceed its long term liabilities (€93.0M).
Debt to Equity History and Analysis
Debt Level: 0EA2's net debt to equity ratio (34.4%) is considered satisfactory.
Reducing Debt: 0EA2's debt to equity ratio has reduced from 95.7% to 76.5% over the past 5 years.
Debt Coverage: 0EA2's debt is well covered by operating cash flow (40.7%).
Interest Coverage: 0EA2's interest payments on its debt are well covered by EBIT (3.8x coverage).