Elica Financial Health

How is Elica's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

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).


Balance Sheet


Discover healthy companies