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
No updates
Recent updates
Financial 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).