Elopak Balance Sheet Health
Financial Health criteria checks 5/6
Elopak has a total shareholder equity of €341.6M and total debt of €227.7M, which brings its debt-to-equity ratio to 66.7%. Its total assets and total liabilities are €980.9M and €639.3M respectively. Elopak's EBIT is €107.2M making its interest coverage ratio 5.7. It has cash and short-term investments of €19.9M.
Key information
66.7%
Debt to equity ratio
€227.72m
Debt
Interest coverage ratio | 5.7x |
Cash | €19.90m |
Equity | €341.60m |
Total liabilities | €639.30m |
Total assets | €980.90m |
Recent financial health updates
Recent updates
Is 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 (€444.5M) exceed its short term liabilities (€333.2M).
Long Term Liabilities: ELO's short term assets (€444.5M) exceed its long term liabilities (€306.1M).
Debt to Equity History and Analysis
Debt Level: ELO's net debt to equity ratio (60.8%) is considered high.
Reducing Debt: ELO's debt to equity ratio has reduced from 193.3% to 66.7% over the past 5 years.
Debt Coverage: ELO's debt is well covered by operating cash flow (62.4%).
Interest Coverage: ELO's interest payments on its debt are well covered by EBIT (5.7x coverage).