Elica Balance Sheet Health
Financial Health criteria checks 5/6
Elica has a total shareholder equity of €140.8M and total debt of €116.4M, which brings its debt-to-equity ratio to 82.7%. Its total assets and total liabilities are €443.6M and €302.8M respectively. Elica's EBIT is €8.4M making its interest coverage ratio 1.8. It has cash and short-term investments of €60.3M.
Key information
82.7%
Debt to equity ratio
€116.39m
Debt
| Interest coverage ratio | 1.8x |
| Cash | €60.25m |
| Equity | €140.79m |
| Total liabilities | €302.80m |
| Total assets | €443.59m |
Recent financial health updates
These 4 Measures Indicate That Elica (BIT:ELC) Is Using Debt Extensively
Oct 17
Is Elica (BIT:ELC) A Risky Investment?
May 10Does Elica (BIT:ELC) Have A Healthy Balance Sheet?
Apr 02Recent updates
These 4 Measures Indicate That Elica (BIT:ELC) Is Using Debt Extensively
Oct 17Elica's (BIT:ELC) Shareholders Have More To Worry About Than Only Soft Earnings
Aug 08Here's What Analysts Are Forecasting For Elica S.p.A. (BIT:ELC) After Its Half-Yearly Results
Aug 02Analysts Have Been Trimming Their Elica S.p.A. (BIT:ELC) Price Target After Its Latest Report
Feb 16Elica S.p.A.'s (BIT:ELC) Business And Shares Still Trailing The Market
Feb 09Is Now An Opportune Moment To Examine Elica S.p.A. (BIT:ELC)?
Nov 20Are Investors Undervaluing Elica S.p.A. (BIT:ELC) By 46%?
Oct 21Is Elica S.p.A. (BIT:ELC) Potentially Undervalued?
Sep 25Is Elica (BIT:ELC) A Risky Investment?
May 10We Think Elica's (BIT:ELC) Robust Earnings Are Conservative
Aug 09Earnings Update: Elica S.p.A. (BIT:ELC) Just Reported And Analysts Are Boosting Their Estimates
Aug 03Elica S.p.A.'s (BIT:ELC) Intrinsic Value Is Potentially 24% Below Its Share Price
May 26There Are Reasons To Feel Uneasy About Elica's (BIT:ELC) Returns On Capital
May 04Does Elica (BIT:ELC) Have A Healthy Balance Sheet?
Apr 02Can You Imagine How Elica's (BIT:ELC) Shareholders Feel About The 90% Share Price Increase?
Mar 05Elica S.p.A.'s (BIT:ELC) Intrinsic Value Is Potentially 21% Below Its Share Price
Feb 07
Is There Now An Opportunity In Elica S.p.A. (BIT:ELC)?
Jan 11Returns On Capital At Elica (BIT:ELC) Paint An Interesting Picture
Dec 15Financial Position Analysis
Short Term Liabilities: ELC's short term assets (€231.5M) exceed its short term liabilities (€228.7M).
Long Term Liabilities: ELC's short term assets (€231.5M) exceed its long term liabilities (€74.1M).
Debt to Equity History and Analysis
Debt Level: ELC's net debt to equity ratio (39.9%) is considered satisfactory.
Reducing Debt: ELC's debt to equity ratio has reduced from 83.7% to 82.7% over the past 5 years.
Debt Coverage: ELC's debt is well covered by operating cash flow (24.1%).
Interest Coverage: ELC's interest payments on its debt are not well covered by EBIT (1.8x coverage).