Echo Investment Balance Sheet Health
Financial Health criteria checks 2/6
Echo Investment has a total shareholder equity of PLN2.0B and total debt of PLN2.7B, which brings its debt-to-equity ratio to 131.3%. Its total assets and total liabilities are PLN6.0B and PLN3.9B respectively. Echo Investment's EBIT is PLN251.4M making its interest coverage ratio 1.5. It has cash and short-term investments of PLN813.8M.
Key information
131.3%
Debt to equity ratio
zł2.66b
Debt
| Interest coverage ratio | 1.5x |
| Cash | zł813.84m |
| Equity | zł2.03b |
| Total liabilities | zł3.93b |
| Total assets | zł5.96b |
Recent financial health updates
Here's Why Echo Investment (WSE:ECH) Is Weighed Down By Its Debt Load
Apr 06
Does Echo Investment (WSE:ECH) Have A Healthy Balance Sheet?
Dec 28Recent updates
Echo Investment's (WSE:ECH) Soft Earnings Don't Show The Whole Picture
Apr 04Calculating The Fair Value Of Echo Investment S.A. (WSE:ECH)
Sep 12Echo Investment (WSE:ECH) Will Pay A Smaller Dividend Than Last Year
Jul 01Echo Investment (WSE:ECH) Has Announced That Its Dividend Will Be Reduced To zł0.10
Jun 16Echo Investment (WSE:ECH) Is Reducing Its Dividend To zł0.10
Jun 02A Look At The Fair Value Of Echo Investment S.A. (WSE:ECH)
May 03Here's Why Echo Investment (WSE:ECH) Is Weighed Down By Its Debt Load
Apr 06A Closer Look At Echo Investment S.A.'s (WSE:ECH) Impressive ROE
Mar 12Shareholders Of Echo Investment (WSE:ECH) Have Received 188% On Their Investment
Feb 19We Wouldn't Rely On Echo Investment's (WSE:ECH) Statutory Earnings As A Guide
Feb 02Calculating The Fair Value Of Echo Investment S.A. (WSE:ECH)
Jan 14Does Echo Investment (WSE:ECH) Have A Healthy Balance Sheet?
Dec 28Should We Be Delighted With Echo Investment S.A.'s (WSE:ECH) ROE Of 16%?
Dec 08
Share Price Aside, Echo Investment (WSE:ECH) Has Delivered Shareholders A 132% Return.
Nov 21Financial Position Analysis
Short Term Liabilities: ECH's short term assets (PLN3.0B) exceed its short term liabilities (PLN1.8B).
Long Term Liabilities: ECH's short term assets (PLN3.0B) exceed its long term liabilities (PLN2.1B).
Debt to Equity History and Analysis
Debt Level: ECH's net debt to equity ratio (91.2%) is considered high.
Reducing Debt: ECH's debt to equity ratio has increased from 95.7% to 131.3% over the past 5 years.
Debt Coverage: ECH's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ECH's interest payments on its debt are not well covered by EBIT (1.5x coverage).