Elco Balance Sheet Health
Financial Health criteria checks 1/6
Elco has a total shareholder equity of $1.4B and total debt of $2.2B, which brings its debt-to-equity ratio to 159.6%. Its total assets and total liabilities are $6.7B and $5.4B respectively. Elco's EBIT is $79.9M making its interest coverage ratio 0.8. It has cash and short-term investments of $416.3M.
Key information
159.6%
Debt to equity ratio
US$2.20b
Debt
Interest coverage ratio | 0.8x |
Cash | US$416.25m |
Equity | US$1.38b |
Total liabilities | US$5.37b |
Total assets | US$6.75b |
Recent financial health updates
Elco (TLV:ELCO) Use Of Debt Could Be Considered Risky
Jul 12Elco (TLV:ELCO) Has No Shortage Of Debt
Feb 18Here's Why Elco (TLV:ELCO) Is Weighed Down By Its Debt Load
Oct 11Elco (TLV:ELCO) Use Of Debt Could Be Considered Risky
Jul 04These 4 Measures Indicate That Elco (TLV:ELCO) Is Using Debt Extensively
Mar 23Here's Why Elco (TLV:ELCO) Has A Meaningful Debt Burden
Dec 05Recent updates
Elco (TLV:ELCO) Use Of Debt Could Be Considered Risky
Jul 12Investors Holding Back On Elco Ltd. (TLV:ELCO)
Jun 03Elco (TLV:ELCO) Has No Shortage Of Debt
Feb 18Elco Ltd.'s (TLV:ELCO) Shares Not Telling The Full Story
Jan 07Here's Why Elco (TLV:ELCO) Is Weighed Down By Its Debt Load
Oct 11Elco (TLV:ELCO) Use Of Debt Could Be Considered Risky
Jul 04These 4 Measures Indicate That Elco (TLV:ELCO) Is Using Debt Extensively
Mar 23Here's Why Elco (TLV:ELCO) Has A Meaningful Debt Burden
Dec 05Does Elco (TLV:ELCO) Have A Healthy Balance Sheet?
Sep 06Does Elco (TLV:ELCO) Have A Healthy Balance Sheet?
Feb 27Here's Why Elco (TLV:ELCO) Has A Meaningful Debt Burden
Nov 29We Think Elco (TLV:ELCO) Can Stay On Top Of Its Debt
Aug 29We Think Elco (TLV:ELCO) Can Stay On Top Of Its Debt
May 26Would Elco Ltd. (TLV:ELCO) Be Valuable To Income Investors?
Apr 30Elco Ltd.'s (TLV:ELCO) Stock Is Going Strong: Is the Market Following Fundamentals?
Mar 14Elco (TLV:ELCO) Has Rewarded Shareholders With An Exceptional 391% Total Return On Their Investment
Feb 15Should You Rely On Elco's (TLV:ELCO) Earnings Growth?
Jan 19These 4 Measures Indicate That Elco (TLV:ELCO) Is Using Debt Reasonably Well
Dec 29Are Robust Financials Driving The Recent Rally In Elco Ltd.'s (TLV:ELCO) Stock?
Dec 08Financial Position Analysis
Short Term Liabilities: ELCO's short term assets ($2.7B) do not cover its short term liabilities ($2.8B).
Long Term Liabilities: ELCO's short term assets ($2.7B) exceed its long term liabilities ($2.5B).
Debt to Equity History and Analysis
Debt Level: ELCO's net debt to equity ratio (129.5%) is considered high.
Reducing Debt: ELCO's debt to equity ratio has increased from 126.1% to 159.6% over the past 5 years.
Debt Coverage: ELCO's debt is not well covered by operating cash flow (11.8%).
Interest Coverage: ELCO's interest payments on its debt are not well covered by EBIT (0.8x coverage).