Envela Balance Sheet Health
Financial Health criteria checks 5/6
Envela has a total shareholder equity of $48.3M and total debt of $14.9M, which brings its debt-to-equity ratio to 30.9%. Its total assets and total liabilities are $73.5M and $25.2M respectively. Envela's EBIT is $8.8M making its interest coverage ratio 1216.1. It has cash and short-term investments of $17.9M.
Key information
30.9%
Debt to equity ratio
US$14.93m
Debt
| Interest coverage ratio | 1216.1x |
| Cash | US$17.85m |
| Equity | US$48.31m |
| Total liabilities | US$25.17m |
| Total assets | US$73.47m |
Recent financial health updates
These 4 Measures Indicate That Envela (NYSEMKT:ELA) Is Using Debt Reasonably Well
Apr 29
Does Envela (NYSEMKT:ELA) Have A Healthy Balance Sheet?
Jan 05
Recent updates
These 4 Measures Indicate That Envela (NYSEMKT:ELA) Is Using Debt Reasonably Well
Apr 29Are Investors Undervaluing Envela Corporation (NYSEMKT:ELA) By 50%?
Mar 14Is Now The Time To Put Envela (NYSEMKT:ELA) On Your Watchlist?
Feb 22Envela Corporation's (NYSEMKT:ELA) Stock Is Going Strong: Is the Market Following Fundamentals?
Feb 01Does Envela (NYSEMKT:ELA) Have A Healthy Balance Sheet?
Jan 05Financial Position Analysis
Short Term Liabilities: ELA's short term assets ($49.9M) exceed its short term liabilities ($9.0M).
Long Term Liabilities: ELA's short term assets ($49.9M) exceed its long term liabilities ($16.2M).
Debt to Equity History and Analysis
Debt Level: ELA has more cash than its total debt.
Reducing Debt: ELA's debt to equity ratio has increased from 0% to 30.9% over the past 5 years.
Debt Coverage: ELA's debt is well covered by operating cash flow (39.1%).
Interest Coverage: ELA's interest payments on its debt are well covered by EBIT (1216.1x coverage).