Elopak Balance Sheet Health
Financial Health criteria checks 5/6
Elopak has a total shareholder equity of €325.3M and total debt of €247.4M, which brings its debt-to-equity ratio to 76.1%. Its total assets and total liabilities are €989.4M and €664.1M respectively. Elopak's EBIT is €107.9M making its interest coverage ratio 5.5. It has cash and short-term investments of €18.1M.
Key information
76.1%
Debt to equity ratio
€247.43m
Debt
| Interest coverage ratio | 5.5x |
| Cash | €18.05m |
| Equity | €325.28m |
| Total liabilities | €664.09m |
| Total assets | €989.37m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ELOO's short term assets (€440.5M) exceed its short term liabilities (€340.4M).
Long Term Liabilities: ELOO's short term assets (€440.5M) exceed its long term liabilities (€323.7M).
Debt to Equity History and Analysis
Debt Level: ELOO's net debt to equity ratio (70.5%) is considered high.
Reducing Debt: ELOO's debt to equity ratio has reduced from 187.9% to 76.1% over the past 5 years.
Debt Coverage: ELOO's debt is well covered by operating cash flow (71.5%).
Interest Coverage: ELOO's interest payments on its debt are well covered by EBIT (5.5x coverage).