Elis Balance Sheet Health
Financial Health criteria checks 3/6
Elis has a total shareholder equity of €3.5B and total debt of €3.7B, which brings its debt-to-equity ratio to 106.2%. Its total assets and total liabilities are €9.3B and €5.8B respectively. Elis's EBIT is €556.0M making its interest coverage ratio 5. It has cash and short-term investments of €665.1M.
Key information
106.2%
Debt to equity ratio
€3.69b
Debt
| Interest coverage ratio | 5x |
| Cash | €665.10m |
| Equity | €3.48b |
| Total liabilities | €5.83b |
| Total assets | €9.30b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ELIS N's short term assets (€1.8B) do not cover its short term liabilities (€2.1B).
Long Term Liabilities: ELIS N's short term assets (€1.8B) do not cover its long term liabilities (€3.7B).
Debt to Equity History and Analysis
Debt Level: ELIS N's net debt to equity ratio (87%) is considered high.
Reducing Debt: ELIS N's debt to equity ratio has reduced from 123.6% to 106.2% over the past 5 years.
Debt Coverage: ELIS N's debt is well covered by operating cash flow (35.9%).
Interest Coverage: ELIS N's interest payments on its debt are well covered by EBIT (5x coverage).