Eleco Balance Sheet Health
Financial Health criteria checks 6/6
Eleco has a total shareholder equity of £27.4M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £46.0M and £18.6M respectively. Eleco's EBIT is £3.5M making its interest coverage ratio 53.6. It has cash and short-term investments of £10.9M.
Key information
0%
Debt to equity ratio
UK£0
Debt
Interest coverage ratio | 53.6x |
Cash | UK£10.90m |
Equity | UK£27.36m |
Total liabilities | UK£18.62m |
Total assets | UK£45.98m |
Recent financial health updates
Recent updates
Returns On Capital At Eleco (LON:ELCO) Have Hit The Brakes
Jun 23Eleco (LON:ELCO) Shareholders Will Want The ROCE Trajectory To Continue
Mar 15Estimating The Fair Value Of Eleco Plc (LON:ELCO)
Sep 04Returns Are Gaining Momentum At Eleco (LON:ELCO)
Jun 14These 4 Measures Indicate That Eleco (LON:ELCO) Is Using Debt Safely
May 22Calculating The Intrinsic Value Of Eleco Plc (LON:ELCO)
Apr 30Is There Now An Opportunity In Eleco Plc (LON:ELCO)?
Apr 16Here's Why I Think Eleco (LON:ELCO) Is An Interesting Stock
Mar 23Is Eleco Plc's (LON:ELCO) Latest Stock Performance A Reflection Of Its Financial Health?
Mar 05Eleco's (LON:ELCO) Earnings Are Growing But Is There More To The Story?
Feb 15Do Insiders Own Lots Of Shares In Eleco Plc (LON:ELCO)?
Feb 01We Like These Underlying Trends At Eleco (LON:ELCO)
Jan 17Investors Who Bought Eleco (LON:ELCO) Shares Five Years Ago Are Now Up 188%
Dec 30If You Like EPS Growth Then Check Out Eleco (LON:ELCO) Before It's Too Late
Dec 15Are Robust Financials Driving The Recent Rally In Eleco Plc's (LON:ELCO) Stock?
Nov 30Financial Position Analysis
Short Term Liabilities: ELCO's short term assets (£16.3M) exceed its short term liabilities (£14.8M).
Long Term Liabilities: ELCO's short term assets (£16.3M) exceed its long term liabilities (£3.9M).
Debt to Equity History and Analysis
Debt Level: ELCO is debt free.
Reducing Debt: ELCO has no debt compared to 5 years ago when its debt to equity ratio was 50.7%.
Debt Coverage: ELCO has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ELCO has no debt, therefore coverage of interest payments is not a concern.