Elon Balance Sheet Health
Financial Health criteria checks 4/6
Elon has a total shareholder equity of SEK555.7M and total debt of SEK35.2M, which brings its debt-to-equity ratio to 6.3%. Its total assets and total liabilities are SEK2.2B and SEK1.6B respectively. Elon's EBIT is SEK4.6M making its interest coverage ratio 0.8. It has cash and short-term investments of SEK130.2M.
Key information
6.3%
Debt to equity ratio
kr35.16m
Debt
| Interest coverage ratio | 0.8x |
| Cash | kr130.19m |
| Equity | kr555.68m |
| Total liabilities | kr1.62b |
| Total assets | kr2.17b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ELON's short term assets (SEK1.6B) exceed its short term liabilities (SEK1.3B).
Long Term Liabilities: ELON's short term assets (SEK1.6B) exceed its long term liabilities (SEK297.3M).
Debt to Equity History and Analysis
Debt Level: ELON has more cash than its total debt.
Reducing Debt: Insufficient data to determine if ELON's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: ELON's debt is well covered by operating cash flow (493.5%).
Interest Coverage: ELON's interest payments on its debt are not well covered by EBIT (0.8x coverage).