Societatea Energetica Electrica Balance Sheet Health
Financial Health criteria checks 4/6
Societatea Energetica Electrica has a total shareholder equity of RON5.6B and total debt of RON4.3B, which brings its debt-to-equity ratio to 77%. Its total assets and total liabilities are RON12.7B and RON7.1B respectively. Societatea Energetica Electrica's EBIT is RON1.0B making its interest coverage ratio 3.4. It has cash and short-term investments of RON640.5M.
Key information
77.0%
Debt to equity ratio
RON 4.32b
Debt
| Interest coverage ratio | 3.4x |
| Cash | RON 640.54m |
| Equity | RON 5.61b |
| Total liabilities | RON 7.05b |
| Total assets | RON 12.66b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ELSA's short term assets (RON5.3B) exceed its short term liabilities (RON5.0B).
Long Term Liabilities: ELSA's short term assets (RON5.3B) exceed its long term liabilities (RON2.1B).
Debt to Equity History and Analysis
Debt Level: ELSA's net debt to equity ratio (65.6%) is considered high.
Reducing Debt: ELSA's debt to equity ratio has increased from 13.6% to 77% over the past 5 years.
Debt Coverage: ELSA's debt is well covered by operating cash flow (27.2%).
Interest Coverage: ELSA's interest payments on its debt are well covered by EBIT (3.4x coverage).