Emerald Resources Balance Sheet Health

Financial Health criteria checks 5/6

Emerald Resources has a total shareholder equity of A$426.5M and total debt of A$62.0M, which brings its debt-to-equity ratio to 14.5%. Its total assets and total liabilities are A$596.7M and A$170.2M respectively. Emerald Resources's EBIT is A$144.7M making its interest coverage ratio 14. It has cash and short-term investments of A$116.0M.

Key information

14.5%

Debt to equity ratio

AU$62.03m

Debt

Interest coverage ratio14x
CashAU$116.04m
EquityAU$426.46m
Total liabilitiesAU$170.24m
Total assetsAU$596.70m

Recent financial health updates

Recent updates

Should You Be Adding Emerald Resources (ASX:EMR) To Your Watchlist Today?

Mar 21
Should You Be Adding Emerald Resources (ASX:EMR) To Your Watchlist Today?

Emerald Resources NL's (ASX:EMR) Popularity With Investors Is Clear

Jan 09
Emerald Resources NL's (ASX:EMR) Popularity With Investors Is Clear

Does Emerald Resources (ASX:EMR) Deserve A Spot On Your Watchlist?

Nov 30
Does Emerald Resources (ASX:EMR) Deserve A Spot On Your Watchlist?

Earnings Tell The Story For Emerald Resources NL (ASX:EMR)

Sep 22
Earnings Tell The Story For Emerald Resources NL (ASX:EMR)

Is Emerald Resources (ASX:EMR) Using Too Much Debt?

Sep 01
Is Emerald Resources (ASX:EMR) Using Too Much Debt?

These 4 Measures Indicate That Emerald Resources (ASX:EMR) Is Using Debt Reasonably Well

May 03
These 4 Measures Indicate That Emerald Resources (ASX:EMR) Is Using Debt Reasonably Well

Why We Think Shareholders May Be Considering Bumping Up Emerald Resources NL's (ASX:EMR) CEO Compensation

Nov 17
Why We Think Shareholders May Be Considering Bumping Up Emerald Resources NL's (ASX:EMR) CEO Compensation

Here's Why Emerald Resources (ASX:EMR) Has A Meaningful Debt Burden

May 20
Here's Why Emerald Resources (ASX:EMR) Has A Meaningful Debt Burden

We Think That There Are Issues Underlying Emerald Resources' (ASX:EMR) Earnings

Mar 23
We Think That There Are Issues Underlying Emerald Resources' (ASX:EMR) Earnings

How Does Emerald Resources' (ASX:EMR) CEO Salary Compare to Peers?

Feb 14
How Does Emerald Resources' (ASX:EMR) CEO Salary Compare to Peers?

What Percentage Of Emerald Resources NL (ASX:EMR) Shares Do Insiders Own?

Dec 23
What Percentage Of Emerald Resources NL (ASX:EMR) Shares Do Insiders Own?

Is Emerald Resources (ASX:EMR) A Risky Investment?

Nov 18
Is Emerald Resources (ASX:EMR) A Risky Investment?

Financial Position Analysis

Short Term Liabilities: EMR's short term assets (A$173.7M) exceed its short term liabilities (A$122.3M).

Long Term Liabilities: EMR's short term assets (A$173.7M) exceed its long term liabilities (A$47.9M).


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 14.5% over the past 5 years.

Debt Coverage: EMR's debt is well covered by operating cash flow (234.7%).

Interest Coverage: EMR's interest payments on its debt are well covered by EBIT (14x coverage).


Balance Sheet


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