Eureka Group Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Eureka Group Holdings has a total shareholder equity of A$154.2M and total debt of A$91.2M, which brings its debt-to-equity ratio to 59.1%. Its total assets and total liabilities are A$275.2M and A$121.0M respectively. Eureka Group Holdings's EBIT is A$9.2M making its interest coverage ratio 1.8. It has cash and short-term investments of A$2.3M.
Key information
59.1%
Debt to equity ratio
AU$91.22m
Debt
| Interest coverage ratio | 1.8x |
| Cash | AU$2.31m |
| Equity | AU$154.24m |
| Total liabilities | AU$120.99m |
| Total assets | AU$275.23m |
Recent financial health updates
We Think Eureka Group Holdings (ASX:EGH) Is Taking Some Risk With Its Debt
Apr 07
Here's Why Eureka Group Holdings (ASX:EGH) Can Manage Its Debt Responsibly
Dec 21
Recent updates
A Look At The Fair Value Of Eureka Group Holdings Limited (ASX:EGH)
Dec 09We Think Eureka Group Holdings (ASX:EGH) Is Taking Some Risk With Its Debt
Apr 07Should You Take Comfort From Insider Transactions At Eureka Group Holdings Limited (ASX:EGH)?
Mar 20Eureka Group Holdings Limited Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Mar 01Does Eureka Group Holdings' (ASX:EGH) Statutory Profit Adequately Reflect Its Underlying Profit?
Feb 22The Eureka Group Holdings (ASX:EGH) Share Price Is Up 42% And Shareholders Are Holding On
Feb 01Do Its Financials Have Any Role To Play In Driving Eureka Group Holdings Limited's (ASX:EGH) Stock Up Recently?
Jan 11Here's Why Eureka Group Holdings (ASX:EGH) Can Manage Its Debt Responsibly
Dec 21Who Has Been Selling Eureka Group Holdings Limited (ASX:EGH) Shares?
Dec 04We Wouldn't Rely On Eureka Group Holdings's (ASX:EGH) Statutory Earnings As A Guide
Aug 18Did Eureka Group Holdings Limited (ASX:EGH) Insiders Sell Shares?
Jul 28Has Eureka Group Holdings Limited's (ASX:EGH) Impressive Stock Performance Got Anything to Do With Its Fundamentals?
Jul 07Financial Position Analysis
Short Term Liabilities: EGH's short term assets (A$14.9M) exceed its short term liabilities (A$7.2M).
Long Term Liabilities: EGH's short term assets (A$14.9M) do not cover its long term liabilities (A$113.8M).
Debt to Equity History and Analysis
Debt Level: EGH's net debt to equity ratio (57.6%) is considered high.
Reducing Debt: EGH's debt to equity ratio has reduced from 60.7% to 59.1% over the past 5 years.
Debt Coverage: EGH's debt is not well covered by operating cash flow (8.9%).
Interest Coverage: EGH's interest payments on its debt are not well covered by EBIT (1.8x coverage).