EKINOPS Balance Sheet Health
Financial Health criteria checks 5/6
EKINOPS has a total shareholder equity of €121.1M and total debt of €34.1M, which brings its debt-to-equity ratio to 28.2%. Its total assets and total liabilities are €202.6M and €81.5M respectively. EKINOPS's EBIT is €11.3M making its interest coverage ratio 21.8. It has cash and short-term investments of €47.6M.
Key information
28.2%
Debt to equity ratio
€34.12m
Debt
| Interest coverage ratio | 21.8x |
| Cash | €47.59m |
| Equity | €121.13m |
| Total liabilities | €81.46m |
| Total assets | €202.59m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EKIP's short term assets (€124.8M) exceed its short term liabilities (€51.1M).
Long Term Liabilities: EKIP's short term assets (€124.8M) exceed its long term liabilities (€30.4M).
Debt to Equity History and Analysis
Debt Level: EKIP has more cash than its total debt.
Reducing Debt: EKIP's debt to equity ratio has increased from 13.5% to 28.2% over the past 5 years.
Debt Coverage: EKIP's debt is well covered by operating cash flow (23.9%).
Interest Coverage: EKIP's interest payments on its debt are well covered by EBIT (21.8x coverage).