ElringKlinger Balance Sheet Health
Financial Health criteria checks 6/6
ElringKlinger has a total shareholder equity of €905.8M and total debt of €403.0M, which brings its debt-to-equity ratio to 44.5%. Its total assets and total liabilities are €2.0B and €1.1B respectively. ElringKlinger's EBIT is €93.3M making its interest coverage ratio 4.7. It has cash and short-term investments of €106.1M.
Key information
44.5%
Debt to equity ratio
€403.02m
Debt
| Interest coverage ratio | 4.7x |
| Cash | €106.09m |
| Equity | €905.75m |
| Total liabilities | €1.10b |
| Total assets | €2.01b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ELLR.Y's short term assets (€911.7M) exceed its short term liabilities (€647.0M).
Long Term Liabilities: ELLR.Y's short term assets (€911.7M) exceed its long term liabilities (€454.8M).
Debt to Equity History and Analysis
Debt Level: ELLR.Y's net debt to equity ratio (32.8%) is considered satisfactory.
Reducing Debt: ELLR.Y's debt to equity ratio has reduced from 83.9% to 44.5% over the past 5 years.
Debt Coverage: ELLR.Y's debt is well covered by operating cash flow (36.3%).
Interest Coverage: ELLR.Y's interest payments on its debt are well covered by EBIT (4.7x coverage).