Earlypay Balance Sheet Health
Financial Health criteria checks 2/6
Earlypay has a total shareholder equity of A$75.4M and total debt of A$273.7M, which brings its debt-to-equity ratio to 362.7%. Its total assets and total liabilities are A$358.7M and A$283.3M respectively. Earlypay's EBIT is A$21.4M making its interest coverage ratio 1.1. It has cash and short-term investments of A$56.2M.
Key information
362.7%
Debt to equity ratio
AU$273.66m
Debt
Interest coverage ratio | 1.1x |
Cash | AU$56.24m |
Equity | AU$75.44m |
Total liabilities | AU$283.28m |
Total assets | AU$358.72m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EPY's short term assets (A$253.4M) exceed its short term liabilities (A$151.7M).
Long Term Liabilities: EPY's short term assets (A$253.4M) exceed its long term liabilities (A$131.6M).
Debt to Equity History and Analysis
Debt Level: EPY's net debt to equity ratio (288.2%) is considered high.
Reducing Debt: EPY's debt to equity ratio has increased from 287.8% to 362.7% over the past 5 years.
Debt Coverage: EPY's debt is not well covered by operating cash flow (1.5%).
Interest Coverage: EPY's interest payments on its debt are not well covered by EBIT (1.1x coverage).