Elopak Balance Sheet Health
Financial Health criteria checks 5/6
Elopak has a total shareholder equity of €329.7M and total debt of €285.6M, which brings its debt-to-equity ratio to 86.6%. Its total assets and total liabilities are €1.0B and €680.1M respectively. Elopak's EBIT is €103.8M making its interest coverage ratio 4.7. It has cash and short-term investments of €21.3M.
Key information
86.6%
Debt to equity ratio
€285.62m
Debt
| Interest coverage ratio | 4.7x |
| Cash | €21.33m |
| Equity | €329.66m |
| Total liabilities | €680.05m |
| Total assets | €1.01b |
Recent financial health updates
Recent updates
Elopak ASA Just Missed Earnings - But Analysts Have Updated Their Models
Nov 02
Elopak's (OB:ELO) Returns On Capital Are Heading Higher
Oct 22Risks To Shareholder Returns Are Elevated At These Prices For Elopak ASA (OB:ELO)
Sep 14Here's What Analysts Are Forecasting For Elopak ASA (OB:ELO) After Its Second-Quarter Results
Aug 18Returns On Capital Are Showing Encouraging Signs At Elopak (OB:ELO)
Jul 18Is Elopak (OB:ELO) Using Too Much Debt?
May 13Elopak (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 (€456.0M) exceed its short term liabilities (€339.5M).
Long Term Liabilities: ELO's short term assets (€456.0M) exceed its long term liabilities (€340.6M).
Debt to Equity History and Analysis
Debt Level: ELO's net debt to equity ratio (80.2%) is considered high.
Reducing Debt: ELO's debt to equity ratio has reduced from 182.7% to 86.6% over the past 5 years.
Debt Coverage: ELO's debt is well covered by operating cash flow (50.3%).
Interest Coverage: ELO's interest payments on its debt are well covered by EBIT (4.7x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 08:36 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Elopak ASA is covered by 6 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Justin Jordan | BNP Paribas Exane |
| Charlie Muir-Sands | BNP Paribas Exane |
| Niclas Gehin | DNB Markets |