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 ratio | 14x |
| Cash | AU$116.04m |
| Equity | AU$426.46m |
| Total liabilities | AU$170.24m |
| Total assets | AU$596.70m |
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
Is 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$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).