European Eltech Balance Sheet Health
Financial Health criteria checks 4/6
European Eltech has a total shareholder equity of RUB1.2B and total debt of RUB501.8M, which brings its debt-to-equity ratio to 42.5%. Its total assets and total liabilities are RUB3.4B and RUB2.3B respectively. European Eltech's EBIT is RUB558.0M making its interest coverage ratio 13. It has cash and short-term investments of RUB166.2M.
Key information
42.5%
Debt to equity ratio
₽501.81m
Debt
| Interest coverage ratio | 13x |
| Cash | ₽166.24m |
| Equity | ₽1.18b |
| Total liabilities | ₽2.25b |
| Total assets | ₽3.43b |
Recent financial health updates
No updates
Recent updates
Many Would Be Envious Of European Eltech's (MCX:EELT) Excellent Returns On Capital
Feb 24
European Eltech (MCX:EELT) Might Become A Compounding Machine
Mar 28European Eltech (MCX:EELT) Share Prices Have Dropped 48% In The Last Three Years
Feb 19European Eltech Public Joint Stock Company's (MCX:EELT) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?
Jan 24The 40% Return On Capital At European Eltech (MCX:EELT) Got Our Attention
Dec 28
Financial Position Analysis
Short Term Liabilities: EELT's short term assets (RUB2.9B) exceed its short term liabilities (RUB2.1B).
Long Term Liabilities: EELT's short term assets (RUB2.9B) exceed its long term liabilities (RUB109.7M).
Debt to Equity History and Analysis
Debt Level: EELT's net debt to equity ratio (28.4%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if EELT's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: EELT's debt is not well covered by operating cash flow (19.6%).
Interest Coverage: EELT's interest payments on its debt are well covered by EBIT (13x coverage).