Elia Group Balance Sheet Health
Financial Health criteria checks 1/6
Elia Group has a total shareholder equity of €5.5B and total debt of €9.9B, which brings its debt-to-equity ratio to 179.8%. Its total assets and total liabilities are €19.4B and €13.9B respectively. Elia Group's EBIT is €758.1M making its interest coverage ratio 7.2. It has cash and short-term investments of €1.4B.
Key information
179.8%
Debt to equity ratio
€9.92b
Debt
Interest coverage ratio | 7.2x |
Cash | €1.37b |
Equity | €5.52b |
Total liabilities | €13.87b |
Total assets | €19.39b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ELIA.F's short term assets (€2.6B) do not cover its short term liabilities (€3.8B).
Long Term Liabilities: ELIA.F's short term assets (€2.6B) do not cover its long term liabilities (€10.0B).
Debt to Equity History and Analysis
Debt Level: ELIA.F's net debt to equity ratio (155%) is considered high.
Reducing Debt: ELIA.F's debt to equity ratio has increased from 170.7% to 179.8% over the past 5 years.
Debt Coverage: ELIA.F's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ELIA.F's interest payments on its debt are well covered by EBIT (7.2x coverage).