Eligo Balance Sheet Health
Financial Health criteria checks 1/6
Eligo has a total shareholder equity of €785.4K and total debt of €699.0K, which brings its debt-to-equity ratio to 89%. Its total assets and total liabilities are €2.8M and €2.0M respectively.
Key information
89.0%
Debt to equity ratio
€699.02k
Debt
| Interest coverage ratio | n/a |
| Cash | €97.52k |
| Equity | €785.43k |
| Total liabilities | €1.97m |
| Total assets | €2.76m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ELG's short term assets (€1.0M) do not cover its short term liabilities (€1.5M).
Long Term Liabilities: ELG's short term assets (€1.0M) exceed its long term liabilities (€497.7K).
Debt to Equity History and Analysis
Debt Level: ELG's net debt to equity ratio (76.6%) is considered high.
Reducing Debt: Insufficient data to determine if ELG's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: ELG's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if ELG's interest payments on its debt are well covered by EBIT.