Elinoil Hellenic Petroleum Balance Sheet Health
Financial Health criteria checks 5/6
Elinoil Hellenic Petroleum has a total shareholder equity of €75.4M and total debt of €58.1M, which brings its debt-to-equity ratio to 77%. Its total assets and total liabilities are €204.9M and €129.5M respectively. Elinoil Hellenic Petroleum's EBIT is €22.9M making its interest coverage ratio 4.5. It has cash and short-term investments of €10.0M.
Key information
77.0%
Debt to equity ratio
€58.11m
Debt
Interest coverage ratio | 4.5x |
Cash | €10.04m |
Equity | €75.44m |
Total liabilities | €129.46m |
Total assets | €204.90m |
Recent financial health updates
Elinoil Hellenic Petroleum (ATH:ELIN) Has A Rock Solid Balance Sheet
Dec 14Does Elinoil Hellenic Petroleum (ATH:ELIN) Have A Healthy Balance Sheet?
May 13Recent updates
Market Still Lacking Some Conviction On Elinoil Hellenic Petroleum Company S.A. (ATH:ELIN)
Mar 09Elinoil Hellenic Petroleum (ATH:ELIN) Has A Rock Solid Balance Sheet
Dec 14Elinoil Hellenic Petroleum's (ATH:ELIN) Returns On Capital Not Reflecting Well On The Business
Feb 06Elinoil Hellenic Petroleum (ATH:ELIN) Will Be Hoping To Turn Its Returns On Capital Around
Jan 17Robust Earnings May Not Tell The Whole Story For Elinoil Hellenic Petroleum (ATH:ELIN)
Oct 06Elinoil Hellenic Petroleum's (ATH:ELIN) Returns On Capital Not Reflecting Well On The Business
Jul 20Does Elinoil Hellenic Petroleum (ATH:ELIN) Have A Healthy Balance Sheet?
May 13With A 4.2% Return On Equity, Is Elinoil Hellenic Petroleum Company S.A. (ATH:ELIN) A Quality Stock?
Mar 12Did You Participate In Any Of Elinoil Hellenic Petroleum's (ATH:ELIN) Fantastic 193% Return ?
Jan 19Is Elinoil Hellenic Petroleum (ATH:ELIN) Likely To Turn Things Around?
Dec 10Financial Position Analysis
Short Term Liabilities: ELIN's short term assets (€156.2M) exceed its short term liabilities (€117.7M).
Long Term Liabilities: ELIN's short term assets (€156.2M) exceed its long term liabilities (€11.8M).
Debt to Equity History and Analysis
Debt Level: ELIN's net debt to equity ratio (63.7%) is considered high.
Reducing Debt: ELIN's debt to equity ratio has reduced from 138.8% to 77% over the past 5 years.
Debt Coverage: ELIN's debt is well covered by operating cash flow (95.3%).
Interest Coverage: ELIN's interest payments on its debt are well covered by EBIT (4.5x coverage).