Environmental Group Balance Sheet Health
Financial Health criteria checks 6/6
Environmental Group has a total shareholder equity of A$40.9M and total debt of A$150.0K, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are A$74.7M and A$33.8M respectively. Environmental Group's EBIT is A$7.1M making its interest coverage ratio 19.6. It has cash and short-term investments of A$10.1M.
Key information
0.4%
Debt to equity ratio
AU$150.00k
Debt
| Interest coverage ratio | 19.6x |
| Cash | AU$10.15m |
| Equity | AU$40.94m |
| Total liabilities | AU$33.78m |
| Total assets | AU$74.72m |
Recent financial health updates
Recent updates
The Environmental Group Limited's (ASX:EGL) Stock Retreats 32% But Earnings Haven't Escaped The Attention Of Investors
Nov 13
Should You Be Adding Environmental Group (ASX:EGL) To Your Watchlist Today?
Sep 26Earnings Tell The Story For The Environmental Group Limited (ASX:EGL)
Apr 23We Discuss Why The CEO Of The Environmental Group Limited (ASX:EGL) Is Due For A Pay Rise
Nov 14An Intrinsic Calculation For The Environmental Group Limited (ASX:EGL) Suggests It's 43% Undervalued
Oct 05A Look At The Intrinsic Value Of The Environmental Group Limited (ASX:EGL)
Jun 30What Does The Environmental Group Limited's (ASX:EGL) Share Price Indicate?
Mar 20Capital Allocation Trends At Environmental Group (ASX:EGL) Aren't Ideal
Nov 02Returns At Environmental Group (ASX:EGL) Are On The Way Up
Jun 30Environmental Group (ASX:EGL) Shareholders Will Want The ROCE Trajectory To Continue
Jan 25Returns Are Gaining Momentum At Environmental Group (ASX:EGL)
Oct 24Environmental Group's (ASX:EGL) Solid Profits Have Weak Fundamentals
Sep 01Is Environmental Group (ASX:EGL) Using Too Much Debt?
Feb 28Financial Position Analysis
Short Term Liabilities: EGL's short term assets (A$44.5M) exceed its short term liabilities (A$28.1M).
Long Term Liabilities: EGL's short term assets (A$44.5M) exceed its long term liabilities (A$5.7M).
Debt to Equity History and Analysis
Debt Level: EGL has more cash than its total debt.
Reducing Debt: EGL's debt to equity ratio has reduced from 12.5% to 0.4% over the past 5 years.
Debt Coverage: EGL's debt is well covered by operating cash flow (2807.6%).
Interest Coverage: EGL's interest payments on its debt are well covered by EBIT (19.6x coverage).