ElringKlinger Balance Sheet Health
Financial Health criteria checks 5/6
ElringKlinger has a total shareholder equity of €856.3M and total debt of €344.1M, which brings its debt-to-equity ratio to 40.2%. Its total assets and total liabilities are €1.9B and €1.1B respectively. ElringKlinger's EBIT is €36.8M making its interest coverage ratio 1.5. It has cash and short-term investments of €99.5M.
Key information
40.2%
Debt to equity ratio
€344.09m
Debt
| Interest coverage ratio | 1.5x |
| Cash | €99.54m |
| Equity | €856.34m |
| Total liabilities | €1.09b |
| Total assets | €1.95b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ELLR.Y's short term assets (€950.5M) exceed its short term liabilities (€633.2M).
Long Term Liabilities: ELLR.Y's short term assets (€950.5M) exceed its long term liabilities (€457.7M).
Debt to Equity History and Analysis
Debt Level: ELLR.Y's net debt to equity ratio (28.6%) is considered satisfactory.
Reducing Debt: ELLR.Y's debt to equity ratio has reduced from 82.4% to 40.2% over the past 5 years.
Debt Coverage: ELLR.Y's debt is well covered by operating cash flow (34.8%).
Interest Coverage: ELLR.Y's interest payments on its debt are not well covered by EBIT (1.5x coverage).