Elron Ventures Balance Sheet Health
Financial Health criteria checks 4/6
Elron Ventures has a total shareholder equity of $113.3M and total debt of $9.4M, which brings its debt-to-equity ratio to 8.3%. Its total assets and total liabilities are $130.6M and $17.3M respectively. Elron Ventures's EBIT is $5.1M making its interest coverage ratio 12.6. It has cash and short-term investments of $64.9M.
Key information
8.3%
Debt to equity ratio
US$9.42m
Debt
| Interest coverage ratio | 12.6x |
| Cash | US$64.91m |
| Equity | US$113.27m |
| Total liabilities | US$17.31m |
| Total assets | US$130.58m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ELRN.F's short term assets ($69.1M) exceed its short term liabilities ($6.3M).
Long Term Liabilities: ELRN.F's short term assets ($69.1M) exceed its long term liabilities ($11.0M).
Debt to Equity History and Analysis
Debt Level: ELRN.F has more cash than its total debt.
Reducing Debt: ELRN.F's debt to equity ratio has increased from 0% to 8.3% over the past 5 years.
Debt Coverage: ELRN.F's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ELRN.F's interest payments on its debt are well covered by EBIT (12.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 22:30 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Elron Ventures Ltd is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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