ELQ Balance Sheet Health
Financial Health criteria checks 5/6
ELQ has a total shareholder equity of PLN15.0M and total debt of PLN2.9M, which brings its debt-to-equity ratio to 19.4%. Its total assets and total liabilities are PLN61.1M and PLN46.1M respectively. ELQ's EBIT is PLN15.5M making its interest coverage ratio 31.4. It has cash and short-term investments of PLN458.1K.
Key information
19.4%
Debt to equity ratio
zł2.91m
Debt
| Interest coverage ratio | 31.4x |
| Cash | zł458.07k |
| Equity | zł15.03m |
| Total liabilities | zł46.08m |
| Total assets | zł61.11m |
Recent financial health updates
No updates
Recent updates
Investors Shouldn't Be Too Comfortable With ELQ's (WSE:ELQ) Earnings
Feb 21
When Should You Buy ELQ S.A. (WSE:ELQ)?
Feb 13ELQ S.A.'s (WSE:ELQ) P/S Is Still On The Mark Following 119% Share Price Bounce
Dec 18ELQ S.A.'s (WSE:ELQ) 50% Jump Shows Its Popularity With Investors
Aug 14Introducing ELQ (WSE:ELQ), The Stock That Soared 616% In The Last Three Years
Jan 26Financial Position Analysis
Short Term Liabilities: ELQ's short term assets (PLN48.5M) exceed its short term liabilities (PLN42.2M).
Long Term Liabilities: ELQ's short term assets (PLN48.5M) exceed its long term liabilities (PLN3.9M).
Debt to Equity History and Analysis
Debt Level: ELQ's net debt to equity ratio (16.3%) is considered satisfactory.
Reducing Debt: ELQ's debt to equity ratio has reduced from 123.6% to 19.4% over the past 5 years.
Debt Coverage: ELQ's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ELQ's interest payments on its debt are well covered by EBIT (31.4x coverage).