S.C. EL-CO Balance Sheet Health
Financial Health criteria checks 6/6
S.C. EL-CO has a total shareholder equity of RON19.3M and total debt of RON160.4K, which brings its debt-to-equity ratio to 0.8%. Its total assets and total liabilities are RON21.8M and RON2.6M respectively. S.C. EL-CO's EBIT is RON2.0M making its interest coverage ratio -55.8. It has cash and short-term investments of RON4.1M.
Key information
0.8%
Debt to equity ratio
RON 160.44k
Debt
| Interest coverage ratio | -55.8x |
| Cash | RON 4.09m |
| Equity | RON 19.27m |
| Total liabilities | RON 2.57m |
| Total assets | RON 21.84m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: ELCT's short term assets (RON13.8M) exceed its short term liabilities (RON2.3M).
Long Term Liabilities: ELCT's short term assets (RON13.8M) exceed its long term liabilities (RON290.0K).
Debt to Equity History and Analysis
Debt Level: ELCT has more cash than its total debt.
Reducing Debt: ELCT's debt to equity ratio has reduced from 1.5% to 0.8% over the past 5 years.
Debt Coverage: ELCT's debt is well covered by operating cash flow (1631.9%).
Interest Coverage: ELCT earns more interest than it pays, so coverage of interest payments is not a concern.