Eimskipafélag Íslands hf Balance Sheet Health
Financial Health criteria checks 5/6
Eimskipafélag Íslands hf has a total shareholder equity of €306.2M and total debt of €144.1M, which brings its debt-to-equity ratio to 47%. Its total assets and total liabilities are €655.3M and €349.1M respectively. Eimskipafélag Íslands hf's EBIT is €33.5M making its interest coverage ratio 2.9. It has cash and short-term investments of €24.4M.
Key information
47.0%
Debt to equity ratio
€144.06m
Debt
| Interest coverage ratio | 2.9x |
| Cash | €24.38m |
| Equity | €306.24m |
| Total liabilities | €349.07m |
| Total assets | €655.32m |
Recent financial health updates
Recent updates
Eimskipafélag Íslands hf (ICE:EIM) Will Pay A Larger Dividend Than Last Year At €11.47
Apr 05
Eimskipafélag Íslands hf (ICE:EIM) Is Increasing Its Dividend To €11.47
Mar 18Eimskipafélag Íslands hf's (ICE:EIM) Upcoming Dividend Will Be Larger Than Last Year's
Feb 18These 4 Measures Indicate That Eimskipafélag Íslands hf (ICE:EIM) Is Using Debt Safely
Feb 16Financial Position Analysis
Short Term Liabilities: EIM's short term assets (€195.6M) exceed its short term liabilities (€170.2M).
Long Term Liabilities: EIM's short term assets (€195.6M) exceed its long term liabilities (€178.9M).
Debt to Equity History and Analysis
Debt Level: EIM's net debt to equity ratio (39.1%) is considered satisfactory.
Reducing Debt: EIM's debt to equity ratio has reduced from 69.2% to 47% over the past 5 years.
Debt Coverage: EIM's debt is well covered by operating cash flow (35.9%).
Interest Coverage: EIM's interest payments on its debt are not well covered by EBIT (2.9x coverage).