Ercros Balance Sheet Health
Financial Health criteria checks 5/6
Ercros has a total shareholder equity of €346.2M and total debt of €147.3M, which brings its debt-to-equity ratio to 42.5%. Its total assets and total liabilities are €642.8M and €296.6M respectively.
Key information
42.5%
Debt to equity ratio
€147.29m
Debt
| Interest coverage ratio | n/a |
| Cash | €21.52m |
| Equity | €346.21m |
| Total liabilities | €296.60m |
| Total assets | €642.80m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0M0E's short term assets (€234.8M) exceed its short term liabilities (€105.0M).
Long Term Liabilities: 0M0E's short term assets (€234.8M) exceed its long term liabilities (€191.6M).
Debt to Equity History and Analysis
Debt Level: 0M0E's net debt to equity ratio (36.3%) is considered satisfactory.
Reducing Debt: 0M0E's debt to equity ratio has reduced from 50% to 42.5% over the past 5 years.
Debt Coverage: 0M0E's debt is well covered by operating cash flow (26.3%).
Interest Coverage: Insufficient data to determine if 0M0E's interest payments on its debt are well covered by EBIT.