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 ratio7.4x
CashSEK 98.50m
EquitySEK 527.50m
Total liabilitiesSEK 1.46b
Total assetsSEK 1.99b

Recent financial health updates

Recent updates

Elon (STO:ELON) Use Of Debt Could Be Considered Risky

Aug 12
Elon (STO:ELON) Use Of Debt Could Be Considered Risky

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.


Balance Sheet


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