Eimskipafélag Íslands hf Balance Sheet Health
Financial Health criteria checks 5/6
Eimskipafélag Íslands hf has a total shareholder equity of €312.1M and total debt of €119.2M, which brings its debt-to-equity ratio to 38.2%. Its total assets and total liabilities are €618.8M and €306.8M respectively. Eimskipafélag Íslands hf's EBIT is €61.3M making its interest coverage ratio 7.3. It has cash and short-term investments of €32.5M.
Key information
38.2%
Debt to equity ratio
€119.16m
Debt
| Interest coverage ratio | 7.3x |
| Cash | €32.50m |
| Equity | €312.07m |
| Total liabilities | €306.77m |
| Total assets | €618.84m |
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 ( €173.8M) exceed its short term liabilities (€124.7M).
Long Term Liabilities: EIM's short term assets (€173.8M) do not cover its long term liabilities (€182.1M).
Debt to Equity History and Analysis
Debt Level: EIM's net debt to equity ratio (27.8%) is considered satisfactory.
Reducing Debt: EIM's debt to equity ratio has reduced from 60.8% to 38.2% over the past 5 years.
Debt Coverage: EIM's debt is well covered by operating cash flow (82.2%).
Interest Coverage: EIM's interest payments on its debt are well covered by EBIT (7.3x coverage).