Elton International Trading Financial Health
How is Elton International Trading's financial position?
Financial Health Score3/6
Financial Health Score 3/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: ELTON's short term assets (€116.1M) exceed its short term liabilities (€60.3M).
Long Term Liabilities: ELTON's short term assets (€116.1M) exceed its long term liabilities (€12.6M).
Debt to Equity History and Analysis
Debt Level: ELTON's net debt to equity ratio (48.9%) is considered high.
Reducing Debt: ELTON's debt to equity ratio has increased from 40.3% to 55.6% over the past 5 years.
Debt Coverage: ELTON's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ELTON's interest payments on its debt are well covered by EBIT (23.8x coverage).