Ecosuntek Balance Sheet Health
Financial Health criteria checks 6/6
Ecosuntek has a total shareholder equity of €18.7M and total debt of €41.1M, which brings its debt-to-equity ratio to 219.3%. Its total assets and total liabilities are €136.2M and €117.4M respectively. Ecosuntek's EBIT is €14.8M making its interest coverage ratio 9.2. It has cash and short-term investments of €39.0M.
Key information
219.3%
Debt to equity ratio
€41.07m
Debt
| Interest coverage ratio | 9.2x |
| Cash | €38.95m |
| Equity | €18.73m |
| Total liabilities | €117.43m |
| Total assets | €136.17m |
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
Investors 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 (€89.1M) exceed its short term liabilities (€77.7M).
Long Term Liabilities: ECK's short term assets (€89.1M) exceed its long term liabilities (€39.8M).
Debt to Equity History and Analysis
Debt Level: ECK's net debt to equity ratio (11.3%) is considered satisfactory.
Reducing Debt: ECK's debt to equity ratio has reduced from 462.1% to 219.3% over the past 5 years.
Debt Coverage: ECK's debt is well covered by operating cash flow (51%).
Interest Coverage: ECK's interest payments on its debt are well covered by EBIT (9.2x coverage).