Embark Early Education Balance Sheet Health
Financial Health criteria checks 5/6
Embark Early Education has a total shareholder equity of A$78.3M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$160.8M and A$82.4M respectively. Embark Early Education's EBIT is A$14.9M making its interest coverage ratio 2.8. It has cash and short-term investments of A$26.8M.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | 2.8x |
Cash | AU$26.84m |
Equity | AU$78.32m |
Total liabilities | AU$82.44m |
Total assets | AU$160.75m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EVO's short term assets (A$29.5M) exceed its short term liabilities (A$15.2M).
Long Term Liabilities: EVO's short term assets (A$29.5M) do not cover its long term liabilities (A$67.2M).
Debt to Equity History and Analysis
Debt Level: EVO is debt free.
Reducing Debt: EVO has no debt compared to 5 years ago when its debt to equity ratio was 61%.
Debt Coverage: EVO has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: EVO has no debt, therefore coverage of interest payments is not a concern.