Ercros Balance Sheet Health
Financial Health criteria checks 5/6
Ercros has a total shareholder equity of €363.1M and total debt of €122.0M, which brings its debt-to-equity ratio to 33.6%. Its total assets and total liabilities are €683.3M and €320.2M respectively.
Key information
33.6%
Debt to equity ratio
€121.99m
Debt
Interest coverage ratio | n/a |
Cash | €39.15m |
Equity | €363.12m |
Total liabilities | €320.20m |
Total assets | €683.32m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0M0E's short term assets (€209.4M) exceed its short term liabilities (€164.0M).
Long Term Liabilities: 0M0E's short term assets (€209.4M) exceed its long term liabilities (€156.2M).
Debt to Equity History and Analysis
Debt Level: 0M0E's net debt to equity ratio (22.8%) is considered satisfactory.
Reducing Debt: 0M0E's debt to equity ratio has reduced from 48.6% to 33.6% over the past 5 years.
Debt Coverage: 0M0E's debt is well covered by operating cash flow (44.7%).
Interest Coverage: Insufficient data to determine if 0M0E's interest payments on its debt are well covered by EBIT.