Societatea Energetica Electrica Balance Sheet Health
Financial Health criteria checks 1/6
Societatea Energetica Electrica has a total shareholder equity of RON4.6B and total debt of RON3.1B, which brings its debt-to-equity ratio to 66.2%. Its total assets and total liabilities are RON9.6B and RON4.9B respectively.
Key information
66.2%
Debt to equity ratio
RON3.07b
Debt
Interest coverage ratio | n/a |
Cash | RON178.37m |
Equity | RON4.63b |
Total liabilities | RON4.93b |
Total assets | RON9.56b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ELSAL's short term assets (RON3.4B) do not cover its short term liabilities (RON4.5B).
Long Term Liabilities: ELSAL's short term assets (RON3.4B) exceed its long term liabilities (RON405.9M).
Debt to Equity History and Analysis
Debt Level: ELSAL's net debt to equity ratio (62.4%) is considered high.
Reducing Debt: ELSAL's debt to equity ratio has increased from 8.2% to 66.2% over the past 5 years.
Debt Coverage: ELSAL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if ELSAL's interest payments on its debt are well covered by EBIT.