EQT Holdings Balance Sheet Health
Financial Health criteria checks 5/6
EQT Holdings has a total shareholder equity of A$400.8M and total debt of A$61.0M, which brings its debt-to-equity ratio to 15.2%. Its total assets and total liabilities are A$523.9M and A$123.1M respectively. EQT Holdings's EBIT is A$36.3M making its interest coverage ratio 12. It has cash and short-term investments of A$116.2M.
Key information
15.2%
Debt to equity ratio
AU$60.97m
Debt
Interest coverage ratio | 12x |
Cash | AU$116.24m |
Equity | AU$400.78m |
Total liabilities | AU$123.12m |
Total assets | AU$523.89m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EQT's short term assets (A$175.7M) exceed its short term liabilities (A$24.7M).
Long Term Liabilities: EQT's short term assets (A$175.7M) exceed its long term liabilities (A$98.4M).
Debt to Equity History and Analysis
Debt Level: EQT has more cash than its total debt.
Reducing Debt: EQT's debt to equity ratio has increased from 6.2% to 15.2% over the past 5 years.
Debt Coverage: EQT's debt is well covered by operating cash flow (32.5%).
Interest Coverage: EQT's interest payments on its debt are well covered by EBIT (12x coverage).