Enero Group Balance Sheet Health
Financial Health criteria checks 5/6
Enero Group has a total shareholder equity of A$197.5M and total debt of A$9.0M, which brings its debt-to-equity ratio to 4.6%. Its total assets and total liabilities are A$359.6M and A$162.1M respectively. Enero Group's EBIT is A$48.9M making its interest coverage ratio 16.1. It has cash and short-term investments of A$54.5M.
Key information
4.6%
Debt to equity ratio
AU$9.02m
Debt
Interest coverage ratio | 16.1x |
Cash | AU$54.52m |
Equity | AU$197.49m |
Total liabilities | AU$162.06m |
Total assets | AU$359.55m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EGG's short term assets (A$148.9M) exceed its short term liabilities (A$123.7M).
Long Term Liabilities: EGG's short term assets (A$148.9M) exceed its long term liabilities (A$38.4M).
Debt to Equity History and Analysis
Debt Level: EGG has more cash than its total debt.
Reducing Debt: EGG's debt to equity ratio has increased from 0% to 4.6% over the past 5 years.
Debt Coverage: EGG's debt is well covered by operating cash flow (843.6%).
Interest Coverage: EGG's interest payments on its debt are well covered by EBIT (16.1x coverage).