Elektro Gorenjska d. d Balance Sheet Health
Financial Health criteria checks 4/6
Elektro Gorenjska d. d has a total shareholder equity of €183.0M and total debt of €64.3M, which brings its debt-to-equity ratio to 35.1%. Its total assets and total liabilities are €280.3M and €97.3M respectively. Elektro Gorenjska d. d's EBIT is €12.5M making its interest coverage ratio 7.1. It has cash and short-term investments of €14.2M.
Key information
35.1%
Debt to equity ratio
€64.27m
Debt
| Interest coverage ratio | 7.1x |
| Cash | €14.24m |
| Equity | €182.99m |
| Total liabilities | €97.32m |
| Total assets | €280.30m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: EGKG's short term assets (€31.9M) exceed its short term liabilities (€25.0M).
Long Term Liabilities: EGKG's short term assets (€31.9M) do not cover its long term liabilities (€72.3M).
Debt to Equity History and Analysis
Debt Level: EGKG's net debt to equity ratio (27.3%) is considered satisfactory.
Reducing Debt: EGKG's debt to equity ratio has increased from 34% to 35.1% over the past 5 years.
Debt Coverage: EGKG's debt is well covered by operating cash flow (46.3%).
Interest Coverage: EGKG's interest payments on its debt are well covered by EBIT (7.1x coverage).