Etherstack Balance Sheet Health
Financial Health criteria checks 5/6
Etherstack has a total shareholder equity of $8.4M and total debt of $2.4M, which brings its debt-to-equity ratio to 29.1%. Its total assets and total liabilities are $14.7M and $6.3M respectively. Etherstack's EBIT is $360.0K making its interest coverage ratio 1.7. It has cash and short-term investments of $1.4M.
Key information
29.1%
Debt to equity ratio
US$2.43m
Debt
| Interest coverage ratio | 1.7x |
| Cash | US$1.36m |
| Equity | US$8.38m |
| Total liabilities | US$6.28m |
| Total assets | US$14.66m |
Recent financial health updates
Recent updates
Is Etherstack (ASX:ESK) Using Too Much Debt?
Oct 11
Etherstack (ASX:ESK) May Have Issues Allocating Its Capital
Aug 26Be Wary Of Etherstack (ASX:ESK) And Its Returns On Capital
Mar 05At AU$0.36, Is Etherstack plc (ASX:ESK) Worth Looking At Closely?
Aug 13Should You Be Adding Etherstack (ASX:ESK) To Your Watchlist Today?
Jul 06We Ran A Stock Scan For Earnings Growth And Etherstack (ASX:ESK) Passed With Ease
Mar 15Here's Why We Think Etherstack (ASX:ESK) Might Deserve Your Attention Today
Dec 13Investors Holding Back On Etherstack plc (ASX:ESK)
Sep 09Etherstack's (ASX:ESK) Robust Earnings Are Not All Good News For Shareholders
Feb 22The Etherstack (ASX:ESK) Share Price Has Gained 297%, So Why Not Pay It Some Attention?
Jan 28
Financial Position Analysis
Short Term Liabilities: ESK's short term assets ($5.2M) exceed its short term liabilities ($3.4M).
Long Term Liabilities: ESK's short term assets ($5.2M) exceed its long term liabilities ($2.9M).
Debt to Equity History and Analysis
Debt Level: ESK's net debt to equity ratio (12.9%) is considered satisfactory.
Reducing Debt: ESK had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: ESK's debt is well covered by operating cash flow (79%).
Interest Coverage: ESK's interest payments on its debt are not well covered by EBIT (1.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 06:45 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
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
Etherstack plc is covered by 1 analysts. 0 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 |
|---|---|
| Ross Halkett | Wilsons Advisory and Stockbroking Ltd. |