Ekter Balance Sheet Health
Financial Health criteria checks 5/6
Ekter has a total shareholder equity of €35.5M and total debt of €15.6M, which brings its debt-to-equity ratio to 44%. Its total assets and total liabilities are €85.9M and €50.4M respectively. Ekter's EBIT is €5.3M making its interest coverage ratio 23.9. It has cash and short-term investments of €13.4M.
Key information
44.0%
Debt to equity ratio
€15.62m
Debt
| Interest coverage ratio | 23.9x |
| Cash | €13.42m |
| Equity | €35.52m |
| Total liabilities | €50.41m |
| Total assets | €85.93m |
Recent financial health updates
Is Ekter (ATH:EKTER) A Risky Investment?
Oct 03
Does Ekter (ATH:EKTER) Have A Healthy Balance Sheet?
Nov 07Here's Why Ekter (ATH:EKTER) Can Manage Its Debt Responsibly
Dec 23These 4 Measures Indicate That Ekter (ATH:EKTER) Is Using Debt Safely
Jun 17We Think Ekter (ATH:EKTER) Is Taking Some Risk With Its Debt
May 08Recent updates
Ekter SA (ATH:EKTER) Doing What It Can To Lift Shares
Nov 16Solid Earnings May Not Tell The Whole Story For Ekter (ATH:EKTER)
Oct 07Is Ekter (ATH:EKTER) A Risky Investment?
Oct 03Ekter (ATH:EKTER) Is Investing Its Capital With Increasing Efficiency
Apr 23Does Ekter (ATH:EKTER) Have A Healthy Balance Sheet?
Nov 07We Think Ekter's (ATH:EKTER) Profit Is Only A Baseline For What They Can Achieve
Oct 09Ekter (ATH:EKTER) Is Doing The Right Things To Multiply Its Share Price
Oct 04The Return Trends At Ekter (ATH:EKTER) Look Promising
Jun 22Ekter SA's (ATH:EKTER) P/E Still Appears To Be Reasonable
Mar 07Here's Why Ekter (ATH:EKTER) Can Manage Its Debt Responsibly
Dec 23Estimating The Intrinsic Value Of Ekter SA (ATH:EKTER)
Aug 11These 4 Measures Indicate That Ekter (ATH:EKTER) Is Using Debt Safely
Jun 17We Think Ekter (ATH:EKTER) Is Taking Some Risk With Its Debt
May 08Financial Position Analysis
Short Term Liabilities: EKTER's short term assets (€44.2M) exceed its short term liabilities (€33.4M).
Long Term Liabilities: EKTER's short term assets (€44.2M) exceed its long term liabilities (€17.0M).
Debt to Equity History and Analysis
Debt Level: EKTER's net debt to equity ratio (6.2%) is considered satisfactory.
Reducing Debt: EKTER's debt to equity ratio has increased from 17.9% to 44% over the past 5 years.
Debt Coverage: EKTER's debt is well covered by operating cash flow (32.8%).
Interest Coverage: EKTER's interest payments on its debt are well covered by EBIT (23.9x coverage).