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 PLN3.1B, which brings its debt-to-equity ratio to 153.1%. Its total assets and total liabilities are PLN6.6B and PLN4.5B respectively. Echo Investment's EBIT is PLN392.6M making its interest coverage ratio 2.3. It has cash and short-term investments of PLN525.6M.
Key information
153.1%
Debt to equity ratio
zł3.13b
Debt
| Interest coverage ratio | 2.3x |
| Cash | zł525.58m |
| Equity | zł2.05b |
| Total liabilities | zł4.53b |
| Total assets | zł6.57b |
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.A.'s (WSE:ECH) Earnings Haven't Escaped The Attention Of Investors
Aug 13Here's Why Shareholders May Want To Be Cautious With Increasing Echo Investment S.A.'s (WSE:ECH) CEO Pay Packet
Jun 19Echo 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 (PLN3.4B) exceed its short term liabilities (PLN1.9B).
Long Term Liabilities: ECH's short term assets (PLN3.4B) exceed its long term liabilities (PLN2.7B).
Debt to Equity History and Analysis
Debt Level: ECH's net debt to equity ratio (127.4%) is considered high.
Reducing Debt: ECH's debt to equity ratio has increased from 96.9% to 153.1% 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 (2.3x coverage).