Eltel Balance Sheet Health
Financial Health criteria checks 5/6
Eltel has a total shareholder equity of €186.9M and total debt of €84.4M, which brings its debt-to-equity ratio to 45.2%. Its total assets and total liabilities are €587.5M and €400.6M respectively. Eltel's EBIT is €4.2M making its interest coverage ratio 0.4. It has cash and short-term investments of €13.7M.
Key information
45.2%
Debt to equity ratio
€84.40m
Debt
| Interest coverage ratio | 0.4x |
| Cash | €13.70m |
| Equity | €186.90m |
| Total liabilities | €400.60m |
| Total assets | €587.50m |
Recent financial health updates
Is Eltel (STO:ELTEL) Using Too Much Debt?
Feb 15
Is Eltel (STO:ELTEL) Weighed On By Its Debt Load?
Nov 03Is Eltel (STO:ELTEL) Using Debt In A Risky Way?
Jun 05Eltel (STO:ELTEL) Has Debt But No Earnings; Should You Worry?
Mar 03Eltel (STO:ELTEL) Takes On Some Risk With Its Use Of Debt
Aug 02Does Eltel (STO:ELTEL) Have A Healthy Balance Sheet?
Jun 13Recent updates
Is Eltel (STO:ELTEL) Using Too Much Debt?
Feb 15Is Eltel (STO:ELTEL) Weighed On By Its Debt Load?
Nov 03Is Eltel (STO:ELTEL) Using Debt In A Risky Way?
Jun 05Eltel (STO:ELTEL) Has Debt But No Earnings; Should You Worry?
Mar 03Returns At Eltel (STO:ELTEL) Are On The Way Up
Dec 22Eltel (STO:ELTEL) Takes On Some Risk With Its Use Of Debt
Aug 02Eltel AB (publ)'s (STO:ELTEL) Share Price Is Still Matching Investor Opinion Despite 27% Slump
May 06Does Eltel (STO:ELTEL) Have A Healthy Balance Sheet?
Jun 13Eltel (STO:ELTEL) Is Finding It Tricky To Allocate Its Capital
May 29Is It Time To Consider Buying Eltel AB (publ) (STO:ELTEL)?
May 14What Is The Ownership Structure Like For Eltel AB (publ) (STO:ELTEL)?
Mar 13We Like Eltel's (STO:ELTEL) Earnings For More Than Just Statutory Profit
Feb 25What We Make Of Eltel's (STO:ELTEL) Returns On Capital
Feb 21Here's Why Eltel (STO:ELTEL) Can Manage Its Debt Responsibly
Feb 03If You Had Bought Eltel's (STO:ELTEL) Shares Five Years Ago You Would Be Down 74%
Jan 16When Should You Buy Eltel AB (publ) (STO:ELTEL)?
Dec 28Loss-Making Eltel AB (publ) (STO:ELTEL) Set To Breakeven
Dec 11Is Eltel AB (publ) (STO:ELTEL) Popular Amongst Institutions?
Nov 25
Financial Position Analysis
Short Term Liabilities: ELTEL's short term assets (€203.1M) do not cover its short term liabilities (€326.4M).
Long Term Liabilities: ELTEL's short term assets (€203.1M) exceed its long term liabilities (€74.2M).
Debt to Equity History and Analysis
Debt Level: ELTEL's net debt to equity ratio (37.8%) is considered satisfactory.
Reducing Debt: ELTEL's debt to equity ratio has reduced from 102.5% to 45.2% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable ELTEL has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: ELTEL is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 16.1% per year.