Etherstack Balance Sheet Health

Financial Health criteria checks 6/6

Etherstack has a total shareholder equity of $9.6M and total debt of $2.4M, which brings its debt-to-equity ratio to 25.1%. Its total assets and total liabilities are $16.4M and $6.7M respectively. Etherstack's EBIT is $564.0K making its interest coverage ratio 3.3. It has cash and short-term investments of $2.1M.

Key information

25.1%

Debt to equity ratio

US$2.43m

Debt

Interest coverage ratio3.3x
CashUS$2.06m
EquityUS$9.64m
Total liabilitiesUS$6.72m
Total assetsUS$16.36m

Recent financial health updates

No updates

Recent updates

Be Wary Of Etherstack (ASX:ESK) And Its Returns On Capital

Mar 05
Be Wary Of Etherstack (ASX:ESK) And Its Returns On Capital

At AU$0.36, Is Etherstack plc (ASX:ESK) Worth Looking At Closely?

Aug 13
At AU$0.36, Is Etherstack plc (ASX:ESK) Worth Looking At Closely?

Should You Be Adding Etherstack (ASX:ESK) To Your Watchlist Today?

Jul 06
Should You Be Adding Etherstack (ASX:ESK) To Your Watchlist Today?

We Ran A Stock Scan For Earnings Growth And Etherstack (ASX:ESK) Passed With Ease

Mar 15
We Ran A Stock Scan For Earnings Growth And Etherstack (ASX:ESK) Passed With Ease

Here's Why We Think Etherstack (ASX:ESK) Might Deserve Your Attention Today

Dec 13
Here's Why We Think Etherstack (ASX:ESK) Might Deserve Your Attention Today

Investors Holding Back On Etherstack plc (ASX:ESK)

Sep 09
Investors Holding Back On Etherstack plc (ASX:ESK)

Etherstack's (ASX:ESK) Robust Earnings Are Not All Good News For Shareholders

Feb 22
Etherstack's (ASX:ESK) Robust Earnings Are Not All Good News For Shareholders

The Etherstack (ASX:ESK) Share Price Has Gained 297%, So Why Not Pay It Some Attention?

Jan 28
The Etherstack (ASX:ESK) Share Price Has Gained 297%, So Why Not Pay It Some Attention?

Financial Position Analysis

Short Term Liabilities: ESK's short term assets ($6.6M) exceed its short term liabilities ($3.9M).

Long Term Liabilities: ESK's short term assets ($6.6M) exceed its long term liabilities ($2.8M).


Debt to Equity History and Analysis

Debt Level: ESK's net debt to equity ratio (3.8%) 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 (31.4%).

Interest Coverage: ESK's interest payments on its debt are well covered by EBIT (3.3x coverage).


Balance Sheet


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