Ecosuntek Balance Sheet Health
Financial Health criteria checks 3/6
Ecosuntek has a total shareholder equity of €25.7M and total debt of €79.0M, which brings its debt-to-equity ratio to 307.9%. Its total assets and total liabilities are €220.0M and €194.4M respectively. Ecosuntek's EBIT is €12.2M making its interest coverage ratio 2.5. It has cash and short-term investments of €62.1M.
Key information
307.9%
Debt to equity ratio
€79.03m
Debt
| Interest coverage ratio | 2.5x |
| Cash | €62.14m |
| Equity | €25.66m |
| Total liabilities | €194.38m |
| Total assets | €220.05m |
Recent financial health updates
Is Ecosuntek (BIT:ECK) A Risky Investment?
Oct 09
Is Ecosuntek (BIT:ECK) Using Too Much Debt?
Dec 24Ecosuntek (BIT:ECK) Has A Somewhat Strained Balance Sheet
Dec 13Recent updates
Market Still Lacking Some Conviction On Ecosuntek S.p.A. (BIT:ECK)
Sep 27Earnings Troubles May Signal Larger Issues for Ecosuntek (BIT:ECK) Shareholders
Jun 21Investors Should Be Encouraged By Ecosuntek's (BIT:ECK) Returns On Capital
Apr 19Is Ecosuntek (BIT:ECK) A Risky Investment?
Oct 09Is Ecosuntek (BIT:ECK) Using Too Much Debt?
Dec 24We Think Ecosuntek's (BIT:ECK) Profit Is Only A Baseline For What They Can Achieve
Oct 08We Like These Underlying Return On Capital Trends At Ecosuntek (BIT:ECK)
Aug 05Estimating The Fair Value Of Ecosuntek S.p.A. (BIT:ECK)
Jun 01Investors Met With Slowing Returns on Capital At Ecosuntek (BIT:ECK)
Mar 08Ecosuntek (BIT:ECK) Has A Somewhat Strained Balance Sheet
Dec 13Some Shareholders Feeling Restless Over Ecosuntek S.p.A.'s (BIT:ECK) P/E Ratio
Oct 20The Return Trends At Ecosuntek (BIT:ECK) Look Promising
Mar 22Boasting A 22% Return On Equity, Is Ecosuntek S.p.A. (BIT:ECK) A Top Quality Stock?
Dec 07
Financial Position Analysis
Short Term Liabilities: ECK's short term assets (€151.5M) exceed its short term liabilities (€132.1M).
Long Term Liabilities: ECK's short term assets (€151.5M) exceed its long term liabilities (€62.3M).
Debt to Equity History and Analysis
Debt Level: ECK's net debt to equity ratio (65.8%) is considered high.
Reducing Debt: ECK's debt to equity ratio has reduced from 377.3% to 307.9% over the past 5 years.
Debt Coverage: ECK's debt is not well covered by operating cash flow (7.1%).
Interest Coverage: ECK's interest payments on its debt are not well covered by EBIT (2.5x coverage).