Elementis Balance Sheet Health
Financial Health criteria checks 5/6
Elementis has a total shareholder equity of $785.2M and total debt of $260.5M, which brings its debt-to-equity ratio to 33.2%. Its total assets and total liabilities are $1.4B and $639.3M respectively. Elementis's EBIT is $104.6M making its interest coverage ratio 4.8. It has cash and short-term investments of $59.3M.
Key information
33.2%
Debt to equity ratio
US$260.50m
Debt
| Interest coverage ratio | 4.8x |
| Cash | US$59.30m |
| Equity | US$785.20m |
| Total liabilities | US$639.30m |
| Total assets | US$1.42b |
Recent financial health updates
Does Elementis (LON:ELM) Have A Healthy Balance Sheet?
Oct 19
These 4 Measures Indicate That Elementis (LON:ELM) Is Using Debt Extensively
Jun 22Recent updates
Here's What To Make Of Elementis' (LON:ELM) Decelerating Rates Of Return
Sep 20Should You Think About Buying Elementis plc (LON:ELM) Now?
Jun 04It's Unlikely That Elementis plc's (LON:ELM) CEO Will See A Huge Pay Rise This Year
Apr 25Elementis (LON:ELM) Is Posting Promising Earnings But The Good News Doesn’t Stop There
Mar 16Elementis plc (LON:ELM) Shares Could Be 47% Below Their Intrinsic Value Estimate
Feb 17At UK£1.24, Is It Time To Put Elementis plc (LON:ELM) On Your Watch List?
Nov 06Does Elementis (LON:ELM) Have A Healthy Balance Sheet?
Oct 19Are Investors Undervaluing Elementis plc (LON:ELM) By 45%?
Sep 21These 4 Measures Indicate That Elementis (LON:ELM) Is Using Debt Extensively
Jun 22Calculating The Fair Value Of Elementis plc (LON:ELM)
Nov 13A Look At Elementis' (LON:ELM) Share Price Returns
Dec 09
Are Insiders Buying Elementis plc (LON:ELM) Stock?
Jun 22Financial Position Analysis
Short Term Liabilities: ELM's short term assets ($359.9M) exceed its short term liabilities ($176.6M).
Long Term Liabilities: ELM's short term assets ($359.9M) do not cover its long term liabilities ($462.7M).
Debt to Equity History and Analysis
Debt Level: ELM's net debt to equity ratio (25.6%) is considered satisfactory.
Reducing Debt: ELM's debt to equity ratio has reduced from 64.9% to 33.2% over the past 5 years.
Debt Coverage: ELM's debt is well covered by operating cash flow (46.4%).
Interest Coverage: ELM's interest payments on its debt are well covered by EBIT (4.8x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 09:17 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Elementis plc is covered by 29 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| James Knight | Barclays |
| Amy Lian | Barclays |
| Anil Shenoy | Barclays |