ELSA Solutions Balance Sheet Health
Financial Health criteria checks 3/6
ELSA Solutions has a total shareholder equity of €3.9M and total debt of €6.8M, which brings its debt-to-equity ratio to 172.5%. Its total assets and total liabilities are €17.9M and €14.0M respectively. ELSA Solutions's EBIT is €1.1M making its interest coverage ratio 9.3. It has cash and short-term investments of €341.7K.
Key information
172.5%
Debt to equity ratio
€6.79m
Debt
Interest coverage ratio | 9.3x |
Cash | €341.71k |
Equity | €3.94m |
Total liabilities | €14.00m |
Total assets | €17.94m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ELSA's short term assets (€13.0M) exceed its short term liabilities (€10.8M).
Long Term Liabilities: ELSA's short term assets (€13.0M) exceed its long term liabilities (€3.2M).
Debt to Equity History and Analysis
Debt Level: ELSA's net debt to equity ratio (163.8%) is considered high.
Reducing Debt: Insufficient data to determine if ELSA's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: ELSA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ELSA's interest payments on its debt are well covered by EBIT (9.3x coverage).