Societatea Energetica Electrica Balance Sheet Health
Financial Health criteria checks 2/6
Societatea Energetica Electrica has a total shareholder equity of RON5.4B and total debt of RON4.2B, which brings its debt-to-equity ratio to 77.8%. Its total assets and total liabilities are RON12.8B and RON7.4B respectively. Societatea Energetica Electrica's EBIT is RON1.2B making its interest coverage ratio 4.3. It has cash and short-term investments of RON377.2M.
Key information
77.8%
Debt to equity ratio
RON4.17b
Debt
Interest coverage ratio | 4.3x |
Cash | RON377.22m |
Equity | RON5.36b |
Total liabilities | RON7.41b |
Total assets | RON12.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ELSA's short term assets (RON5.8B) do not cover its short term liabilities (RON6.3B).
Long Term Liabilities: ELSA's short term assets (RON5.8B) exceed its long term liabilities (RON1.1B).
Debt to Equity History and Analysis
Debt Level: ELSA's net debt to equity ratio (70.7%) is considered high.
Reducing Debt: ELSA's debt to equity ratio has increased from 8% to 77.8% over the past 5 years.
Debt Coverage: ELSA's debt is not well covered by operating cash flow (4%).
Interest Coverage: ELSA's interest payments on its debt are well covered by EBIT (4.3x coverage).