Elon Balance Sheet Health
Financial Health criteria checks 6/6
Elon has a total shareholder equity of SEK527.5M and total debt of SEK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SEK2.0B and SEK1.5B respectively. Elon's EBIT is SEK47.5M making its interest coverage ratio 7.4. It has cash and short-term investments of SEK98.5M.
Key information
0%
Debt to equity ratio
SEK 0
Debt
| Interest coverage ratio | 7.4x |
| Cash | SEK 98.50m |
| Equity | SEK 527.50m |
| Total liabilities | SEK 1.46b |
| Total assets | SEK 1.99b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: ELON's short term assets (SEK1.4B) exceed its short term liabilities (SEK1.2B).
Long Term Liabilities: ELON's short term assets (SEK1.4B) exceed its long term liabilities (SEK292.0M).
Debt to Equity History and Analysis
Debt Level: ELON is debt free.
Reducing Debt: ELON had no debt 5 years ago.
Debt Coverage: ELON has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ELON has no debt, therefore coverage of interest payments is not a concern.