Elastron - Steel Service Centers Balance Sheet Health
Financial Health criteria checks 2/6
Elastron - Steel Service Centers has a total shareholder equity of €82.3M and total debt of €65.6M, which brings its debt-to-equity ratio to 79.7%. Its total assets and total liabilities are €185.6M and €103.4M respectively.
Key information
79.7%
Debt to equity ratio
€65.59m
Debt
Interest coverage ratio | n/a |
Cash | €14.44m |
Equity | €82.27m |
Total liabilities | €103.38m |
Total assets | €185.65m |
Recent financial health updates
Would Elastron - Steel Service Centers (ATH:ELSTR) Be Better Off With Less Debt?
Nov 16Elastron - 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 (€115.1M) exceed its short term liabilities (€51.0M).
Long Term Liabilities: ELSTR's short term assets (€115.1M) exceed its long term liabilities (€52.3M).
Debt to Equity History and Analysis
Debt Level: ELSTR's net debt to equity ratio (62.2%) is considered high.
Reducing Debt: ELSTR's debt to equity ratio has increased from 64.8% to 79.7% over the past 5 years.
Debt Coverage: ELSTR's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if ELSTR's interest payments on its debt are well covered by EBIT.