Environmental Group Balance Sheet Health
Financial Health criteria checks 5/6
Environmental Group has a total shareholder equity of A$38.6M and total debt of A$649.1K, which brings its debt-to-equity ratio to 1.7%. Its total assets and total liabilities are A$65.7M and A$27.2M respectively. Environmental Group's EBIT is A$5.4M making its interest coverage ratio 19.3. It has cash and short-term investments of A$7.7M.
Key information
1.7%
Debt to equity ratio
AU$649.09k
Debt
| Interest coverage ratio | 19.3x |
| Cash | AU$7.67m |
| Equity | AU$38.55m |
| Total liabilities | AU$27.17m |
| Total assets | AU$65.72m |
Recent financial health updates
Recent updates
We Discuss Why The CEO Of The Environmental Group Limited (ASX:EGL) Is Due For A Pay Rise
Nov 14
An 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$36.6M) exceed its short term liabilities (A$22.5M).
Long Term Liabilities: EGL's short term assets (A$36.6M) exceed its long term liabilities (A$4.6M).
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 increased from 0% to 1.7% over the past 5 years.
Debt Coverage: EGL's debt is well covered by operating cash flow (429.5%).
Interest Coverage: EGL's interest payments on its debt are well covered by EBIT (19.3x coverage).