Elopak Balance Sheet Health
Financial Health criteria checks 5/6
Elopak has a total shareholder equity of €315.3M and total debt of €248.3M, which brings its debt-to-equity ratio to 78.7%. Its total assets and total liabilities are €962.6M and €647.3M respectively. Elopak's EBIT is €104.0M making its interest coverage ratio 4.8. It has cash and short-term investments of €13.3M.
Key information
78.7%
Debt to equity ratio
€248.28m
Debt
Interest coverage ratio | 4.8x |
Cash | €13.31m |
Equity | €315.30m |
Total liabilities | €647.31m |
Total assets | €962.61m |
Recent financial health updates
Recent updates
Elopak (OB:ELO) Is Increasing Its Dividend To €1.46
Apr 22Shareholders Can Be Confident That Elopak's (OB:ELO) Earnings Are High Quality
Apr 18Elopak (OB:ELO) Has Announced That It Will Be Increasing Its Dividend To €1.46
Feb 26Elopak (OB:ELO) Is Looking To Continue Growing Its Returns On Capital
Feb 21Is Elopak (OB:ELO) Using Too Much Debt?
Jan 25Elopak (OB:ELO) Might Have The Makings Of A Multi-Bagger
Nov 03Financial Position Analysis
Short Term Liabilities: ELO's short term assets (€429.5M) exceed its short term liabilities (€322.9M).
Long Term Liabilities: ELO's short term assets (€429.5M) exceed its long term liabilities (€324.4M).
Debt to Equity History and Analysis
Debt Level: ELO's net debt to equity ratio (74.5%) is considered high.
Reducing Debt: ELO's debt to equity ratio has reduced from 198.6% to 78.7% over the past 5 years.
Debt Coverage: ELO's debt is well covered by operating cash flow (63.3%).
Interest Coverage: ELO's interest payments on its debt are well covered by EBIT (4.8x coverage).