ECP Emerging Growth Balance Sheet Health
Financial Health criteria checks 2/6
ECP Emerging Growth has a total shareholder equity of A$30.2M and total debt of A$9.6M, which brings its debt-to-equity ratio to 31.8%. Its total assets and total liabilities are A$41.5M and A$11.3M respectively. ECP Emerging Growth's EBIT is A$82.2K making its interest coverage ratio 0.1. It has cash and short-term investments of A$2.2M.
Key information
31.8%
Debt to equity ratio
AU$9.60m
Debt
| Interest coverage ratio | 0.08x |
| Cash | AU$2.23m |
| Equity | AU$30.16m |
| Total liabilities | AU$11.35m |
| Total assets | AU$41.50m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: ECP's short term assets (A$2.3M) exceed its short term liabilities (A$507.5K).
Long Term Liabilities: ECP's short term assets (A$2.3M) do not cover its long term liabilities (A$10.8M).
Debt to Equity History and Analysis
Debt Level: ECP's net debt to equity ratio (24.4%) is considered satisfactory.
Reducing Debt: ECP's debt to equity ratio has increased from 0% to 31.8% over the past 5 years.
Debt Coverage: ECP's debt is not well covered by operating cash flow (0.5%).
Interest Coverage: ECP's interest payments on its debt are not well covered by EBIT (0.1x coverage).