Energy One Balance Sheet Health
Financial Health criteria checks 2/6
Energy One has a total shareholder equity of A$46.7M and total debt of A$22.7M, which brings its debt-to-equity ratio to 48.7%. Its total assets and total liabilities are A$90.7M and A$44.0M respectively. Energy One's EBIT is A$4.5M making its interest coverage ratio 2.6. It has cash and short-term investments of A$1.6M.
Key information
48.7%
Debt to equity ratio
AU$22.72m
Debt
Interest coverage ratio | 2.6x |
Cash | AU$1.60m |
Equity | AU$46.69m |
Total liabilities | AU$43.98m |
Total assets | AU$90.68m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EOL's short term assets (A$10.2M) do not cover its short term liabilities (A$15.0M).
Long Term Liabilities: EOL's short term assets (A$10.2M) do not cover its long term liabilities (A$29.0M).
Debt to Equity History and Analysis
Debt Level: EOL's net debt to equity ratio (45.2%) is considered high.
Reducing Debt: EOL's debt to equity ratio has reduced from 91% to 48.7% over the past 5 years.
Debt Coverage: EOL's debt is well covered by operating cash flow (29.2%).
Interest Coverage: EOL's interest payments on its debt are not well covered by EBIT (2.6x coverage).