ECP Emerging Growth Balance Sheet Health
Financial Health criteria checks 2/6
ECP Emerging Growth has a total shareholder equity of A$28.1M and total debt of A$9.4M, which brings its debt-to-equity ratio to 33.4%. Its total assets and total liabilities are A$38.3M and A$10.3M respectively. ECP Emerging Growth's EBIT is A$45.3K making its interest coverage ratio 0. It has cash and short-term investments of A$3.3M.
Key information
33.4%
Debt to equity ratio
AU$9.37m
Debt
Interest coverage ratio | 0.04x |
Cash | AU$3.34m |
Equity | AU$28.06m |
Total liabilities | AU$10.27m |
Total assets | AU$38.33m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: ECP's short term assets (A$3.4M) exceed its short term liabilities (A$50.7K).
Long Term Liabilities: ECP's short term assets (A$3.4M) do not cover its long term liabilities (A$10.2M).
Debt to Equity History and Analysis
Debt Level: ECP's net debt to equity ratio (21.5%) is considered satisfactory.
Reducing Debt: ECP's debt to equity ratio has increased from 0% to 33.4% over the past 5 years.
Debt Coverage: ECP's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ECP's interest payments on its debt are not well covered by EBIT (0x coverage).