Emeco Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Emeco Holdings has a total shareholder equity of A$603.9M and total debt of A$275.8M, which brings its debt-to-equity ratio to 45.7%. Its total assets and total liabilities are A$1.1B and A$525.2M respectively. Emeco Holdings's EBIT is A$117.8M making its interest coverage ratio 4.5. It has cash and short-term investments of A$64.5M.
Key information
45.7%
Debt to equity ratio
AU$275.83m
Debt
| Interest coverage ratio | 4.5x |
| Cash | AU$64.45m |
| Equity | AU$603.90m |
| Total liabilities | AU$525.24m |
| Total assets | AU$1.13b |
Recent financial health updates
Emeco Holdings (ASX:EHL) Has A Somewhat Strained Balance Sheet
Dec 20
These 4 Measures Indicate That Emeco Holdings (ASX:EHL) Is Using Debt Extensively
Oct 12These 4 Measures Indicate That Emeco Holdings (ASX:EHL) Is Using Debt Extensively
Jun 29These 4 Measures Indicate That Emeco Holdings (ASX:EHL) Is Using Debt Extensively
Mar 09Recent updates
Emeco Holdings (ASX:EHL) Has A Somewhat Strained Balance Sheet
Dec 20Emeco Holdings (ASX:EHL) Is Due To Pay A Dividend Of A$0.0125
Aug 28Emeco Holdings (ASX:EHL) Is Due To Pay A Dividend Of A$0.0125
Aug 29At AU$0.76, Is It Time To Put Emeco Holdings Limited (ASX:EHL) On Your Watch List?
May 13Increases to Emeco Holdings Limited's (ASX:EHL) CEO Compensation Might Cool off for now
Nov 11These 4 Measures Indicate That Emeco Holdings (ASX:EHL) Is Using Debt Extensively
Oct 12These 4 Measures Indicate That Emeco Holdings (ASX:EHL) Is Using Debt Extensively
Jun 29Emeco Holdings Limited (ASX:EHL) Shares Could Be 31% Below Their Intrinsic Value Estimate
Jun 02Is Now The Time To Look At Buying Emeco Holdings Limited (ASX:EHL)?
Apr 30These 4 Measures Indicate That Emeco Holdings (ASX:EHL) Is Using Debt Extensively
Mar 09Is Emeco Holdings Limited (ASX:EHL) Trading At A 20% Discount?
Feb 22Emeco Holdings Limited Just Missed EPS By 89%: Here's What Analysts Think Will Happen Next
Feb 10Could The Emeco Holdings Limited (ASX:EHL) Ownership Structure Tell Us Something Useful?
Jan 31Is It Time To Consider Buying Emeco Holdings Limited (ASX:EHL)?
Jan 13Emeco Holdings (ASX:EHL) Has Gifted Shareholders With A Fantastic 221% Total Return On Their Investment
Dec 31
How Does Emeco Holdings' (ASX:EHL) CEO Salary Compare to Peers?
Dec 18Should We Be Delighted With Emeco Holdings Limited's (ASX:EHL) ROE Of 19%?
Dec 05Should You Use Emeco Holdings's (ASX:EHL) Statutory Earnings To Analyse It?
Nov 22Financial Position Analysis
Short Term Liabilities: EHL's short term assets (A$269.6M) exceed its short term liabilities (A$200.0M).
Long Term Liabilities: EHL's short term assets (A$269.6M) do not cover its long term liabilities (A$325.3M).
Debt to Equity History and Analysis
Debt Level: EHL's net debt to equity ratio (35%) is considered satisfactory.
Reducing Debt: EHL's debt to equity ratio has reduced from 278.9% to 45.7% over the past 5 years.
Debt Coverage: EHL's debt is well covered by operating cash flow (90.6%).
Interest Coverage: EHL's interest payments on its debt are well covered by EBIT (4.5x coverage).