Elica Balance Sheet Health
Financial Health criteria checks 6/6
Elica has a total shareholder equity of €146.4M and total debt of €80.7M, which brings its debt-to-equity ratio to 55.1%. Its total assets and total liabilities are €402.2M and €255.8M respectively. Elica's EBIT is €21.3M making its interest coverage ratio 4.5. It has cash and short-term investments of €39.4M.
Key information
55.1%
Debt to equity ratio
€80.70m
Debt
| Interest coverage ratio | 4.5x |
| Cash | €39.40m |
| Equity | €146.45m |
| Total liabilities | €255.80m |
| Total assets | €402.25m |
Recent financial health updates
Is Elica (BIT:ELC) A Risky Investment?
May 10
Does Elica (BIT:ELC) Have A Healthy Balance Sheet?
Apr 02Recent updates
Analysts 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 (€187.8M) exceed its short term liabilities (€183.5M).
Long Term Liabilities: ELC's short term assets (€187.8M) exceed its long term liabilities (€72.3M).
Debt to Equity History and Analysis
Debt Level: ELC's net debt to equity ratio (28.2%) is considered satisfactory.
Reducing Debt: ELC's debt to equity ratio has reduced from 80.5% to 55.1% over the past 5 years.
Debt Coverage: ELC's debt is well covered by operating cash flow (36.4%).
Interest Coverage: ELC's interest payments on its debt are well covered by EBIT (4.5x coverage).