Elica Financial Health
How is Elica's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: ELC's short term assets (€319.2M) exceed its short term liabilities (€283.9M).
Long Term Liabilities: ELC's short term assets (€319.2M) exceed its long term liabilities (€109.4M).
Debt to Equity History and Analysis
Debt Level: ELC's net debt to equity ratio (22.1%) is considered satisfactory.
Reducing Debt: ELC's debt to equity ratio has reduced from 90.1% to 72.7% over the past 5 years.
Debt Coverage: ELC's debt is well covered by operating cash flow (47.5%).
Interest Coverage: ELC's interest payments on its debt are well covered by EBIT (16.5x coverage).