Elastron - Steel Service Centers Balance Sheet Health
Financial Health criteria checks 5/6
Elastron - Steel Service Centers has a total shareholder equity of €89.3M and total debt of €58.7M, which brings its debt-to-equity ratio to 65.7%. Its total assets and total liabilities are €182.1M and €92.7M respectively.
Key information
65.7%
Debt to equity ratio
€58.67m
Debt
| Interest coverage ratio | n/a |
| Cash | €28.98m |
| Equity | €89.35m |
| Total liabilities | €92.72m |
| Total assets | €182.07m |
Recent financial health updates
Would Elastron - Steel Service Centers (ATH:ELSTR) Be Better Off With Less Debt?
Nov 16
Elastron - Steel Service Centers (ATH:ELSTR) Seems To Be Using A Lot Of Debt
Apr 28Recent updates
Elastron S.A. - Steel Service Centers (ATH:ELSTR) Doing What It Can To Lift Shares
Feb 06Would Elastron - Steel Service Centers (ATH:ELSTR) Be Better Off With Less Debt?
Nov 16Elastron - Steel Service Centers (ATH:ELSTR) Might Have The Makings Of A Multi-Bagger
Sep 06Elastron - Steel Service Centers (ATH:ELSTR) Might Have The Makings Of A Multi-Bagger
Jan 31Returns On Capital Are Showing Encouraging Signs At Elastron - Steel Service Centers (ATH:ELSTR)
Aug 26Elastron - Steel Service Centers' (ATH:ELSTR) Earnings Are Weaker Than They Seem
Sep 30Returns Are Gaining Momentum At Elastron - Steel Service Centers (ATH:ELSTR)
Sep 27Elastron - Steel Service Centers (ATH:ELSTR) Is Looking To Continue Growing Its Returns On Capital
Jun 21Elastron - Steel Service Centers (ATH:ELSTR) Seems To Be Using A Lot Of Debt
Apr 28Financial Position Analysis
Short Term Liabilities: ELSTR's short term assets (€112.6M) exceed its short term liabilities (€34.3M).
Long Term Liabilities: ELSTR's short term assets (€112.6M) exceed its long term liabilities (€58.4M).
Debt to Equity History and Analysis
Debt Level: ELSTR's net debt to equity ratio (33.2%) is considered satisfactory.
Reducing Debt: ELSTR's debt to equity ratio has reduced from 77% to 65.7% over the past 5 years.
Debt Coverage: ELSTR's debt is well covered by operating cash flow (34.8%).
Interest Coverage: Insufficient data to determine if ELSTR's interest payments on its debt are well covered by EBIT.