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 28

European Eltech (MCX:EELT) Share Prices Have Dropped 48% In The Last Three Years

Feb 19

European Eltech Public Joint Stock Company's (MCX:EELT) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?

Jan 24

The 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).

Balance Sheet

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2022/10/05 19:57
End of Day Share Price	2022/07/08 00:00
Earnings	2021/09/30
Annual Earnings	2020/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

European Eltech Public Joint Stock Company is covered by 0 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution