Emerald Resources Balance Sheet Health
Financial Health criteria checks 5/6
Emerald Resources has a total shareholder equity of A$558.0M and total debt of A$47.2M, which brings its debt-to-equity ratio to 8.5%. Its total assets and total liabilities are A$712.4M and A$154.5M respectively. Emerald Resources's EBIT is A$158.9M making its interest coverage ratio 18.6. It has cash and short-term investments of A$144.6M.
Key information
8.5%
Debt to equity ratio
AU$47.19m
Debt
| Interest coverage ratio | 18.6x |
| Cash | AU$144.60m |
| Equity | AU$557.97m |
| Total liabilities | AU$154.45m |
| Total assets | AU$712.42m |
Recent financial health updates
Is Emerald Resources (ASX:EMR) A Risky Investment?
Jun 28
Is Emerald Resources (ASX:EMR) Using Too Much Debt?
Sep 01These 4 Measures Indicate That Emerald Resources (ASX:EMR) Is Using Debt Reasonably Well
May 03Here's Why Emerald Resources (ASX:EMR) Has A Meaningful Debt Burden
May 20Is Emerald Resources (ASX:EMR) A Risky Investment?
Nov 18
Recent updates
With EPS Growth And More, Emerald Resources (ASX:EMR) Makes An Interesting Case
Nov 10Is Emerald Resources (ASX:EMR) A Risky Investment?
Jun 28Emerald Resources NL's (ASX:EMR) 28% Jump Shows Its Popularity With Investors
Apr 17Should You Be Adding Emerald Resources (ASX:EMR) To Your Watchlist Today?
Mar 21Emerald Resources NL's (ASX:EMR) Popularity With Investors Is Clear
Jan 09Does Emerald Resources (ASX:EMR) Deserve A Spot On Your Watchlist?
Nov 30Earnings Tell The Story For Emerald Resources NL (ASX:EMR)
Sep 22Is Emerald Resources (ASX:EMR) Using Too Much Debt?
Sep 01These 4 Measures Indicate That Emerald Resources (ASX:EMR) Is Using Debt Reasonably Well
May 03Why We Think Shareholders May Be Considering Bumping Up Emerald Resources NL's (ASX:EMR) CEO Compensation
Nov 17Here's Why Emerald Resources (ASX:EMR) Has A Meaningful Debt Burden
May 20We Think That There Are Issues Underlying Emerald Resources' (ASX:EMR) Earnings
Mar 23How Does Emerald Resources' (ASX:EMR) CEO Salary Compare to Peers?
Feb 14What Percentage Of Emerald Resources NL (ASX:EMR) Shares Do Insiders Own?
Dec 23Is Emerald Resources (ASX:EMR) A Risky Investment?
Nov 18Financial Position Analysis
Short Term Liabilities: EMR's short term assets (A$203.1M) exceed its short term liabilities (A$119.5M).
Long Term Liabilities: EMR's short term assets (A$203.1M) exceed its long term liabilities (A$34.9M).
Debt to Equity History and Analysis
Debt Level: EMR has more cash than its total debt.
Reducing Debt: EMR's debt to equity ratio has increased from 0% to 8.5% over the past 5 years.
Debt Coverage: EMR's debt is well covered by operating cash flow (331.4%).
Interest Coverage: EMR's interest payments on its debt are well covered by EBIT (18.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 10:29 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Emerald Resources NL is covered by 7 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| April Lowis | Barrenjoey Markets Pty Limited |
| Mollie Urquhart | Barrenjoey Markets Pty Limited |
| Daniel Morgan | Barrenjoey Markets Pty Limited |