Ericsson Nikola Tesla d.d Balance Sheet Health
Financial Health criteria checks 6/6
Ericsson Nikola Tesla d.d has a total shareholder equity of €78.7M and total debt of €15.6M, which brings its debt-to-equity ratio to 19.8%. Its total assets and total liabilities are €184.3M and €105.6M respectively. Ericsson Nikola Tesla d.d's EBIT is €22.6M making its interest coverage ratio -28.2. It has cash and short-term investments of €76.8M.
Key information
19.8%
Debt to equity ratio
€15.59m
Debt
| Interest coverage ratio | -28.2x |
| Cash | €76.75m |
| Equity | €78.70m |
| Total liabilities | €105.57m |
| Total assets | €184.26m |
Recent financial health updates
Is Ericsson Nikola Tesla d.d (ZGSE:ERNT) A Risky Investment?
Mar 25
Here's Why Ericsson Nikola Tesla d.d (ZGSE:ERNT) Can Manage Its Debt Responsibly
Dec 02Recent updates
Ericsson Nikola Tesla d.d's (ZGSE:ERNT) Shareholders Will Receive A Bigger Dividend Than Last Year
May 30Estimating The Fair Value Of Ericsson Nikola Tesla d.d. (ZGSE:ERNT)
Aug 12Ericsson Nikola Tesla d.d (ZGSE:ERNT) Knows How To Allocate Capital
May 02Is Ericsson Nikola Tesla d.d (ZGSE:ERNT) A Risky Investment?
Mar 25Ericsson Nikola Tesla d.d. (ZGSE:ERNT) On An Uptrend: Could Fundamentals Be Driving The Stock?
Feb 22How Much Of Ericsson Nikola Tesla d.d. (ZGSE:ERNT) Do Institutions Own?
Feb 07Will Ericsson Nikola Tesla d.d (ZGSE:ERNT) Multiply In Value Going Forward?
Jan 21
Ericsson Nikola Tesla d.d. (ZGSE:ERNT) Is Yielding 3.2% - But Is It A Buy?
Jan 06Here's Why We Think Ericsson Nikola Tesla d.d's (ZGSE:ERNT) Statutory Earnings Might Be Conservative
Dec 22Here's Why Ericsson Nikola Tesla d.d (ZGSE:ERNT) Can Manage Its Debt Responsibly
Dec 02Financial Position Analysis
Short Term Liabilities: ERNT's short term assets (€149.3M) exceed its short term liabilities (€91.2M).
Long Term Liabilities: ERNT's short term assets (€149.3M) exceed its long term liabilities (€14.4M).
Debt to Equity History and Analysis
Debt Level: ERNT has more cash than its total debt.
Reducing Debt: ERNT's debt to equity ratio has reduced from 21.3% to 19.8% over the past 5 years.
Debt Coverage: ERNT's debt is well covered by operating cash flow (160%).
Interest Coverage: ERNT earns more interest than it pays, so coverage of interest payments is not a concern.