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 ratio | 3.3x |
Cash | US$2.06m |
Equity | US$9.64m |
Total liabilities | US$6.72m |
Total assets | US$16.36m |
Recent financial health updates
No updates
Recent updates
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).