ELSA Solutions Balance Sheet Health
Financial Health criteria checks 6/6
ELSA Solutions has a total shareholder equity of €13.9M and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €23.1M and €9.2M respectively. ELSA Solutions's EBIT is €2.4M making its interest coverage ratio 11. It has cash and short-term investments of €1.9M.
Key information
0%
Debt to equity ratio
€0
Debt
| Interest coverage ratio | 11x |
| Cash | €1.91m |
| Equity | €13.91m |
| Total liabilities | €9.18m |
| Total assets | €23.09m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: ELSA's short term assets (€16.1M) exceed its short term liabilities (€8.6M).
Long Term Liabilities: ELSA's short term assets (€16.1M) exceed its long term liabilities (€539.0K).
Debt to Equity History and Analysis
Debt Level: ELSA is debt free.
Reducing Debt: ELSA had no debt 5 years ago.
Debt Coverage: ELSA has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ELSA has no debt, therefore coverage of interest payments is not a concern.