Energy World Balance Sheet Health
Financial Health criteria checks 1/6
Energy World has a total shareholder equity of $745.9M and total debt of $501.7M, which brings its debt-to-equity ratio to 67.3%. Its total assets and total liabilities are $1.6B and $848.1M respectively. Energy World's EBIT is $6.6M making its interest coverage ratio 0.2. It has cash and short-term investments of $3.6M.
Key information
67.3%
Debt to equity ratio
US$501.65m
Debt
| Interest coverage ratio | 0.2x |
| Cash | US$3.59m |
| Equity | US$745.92m |
| Total liabilities | US$848.10m |
| Total assets | US$1.59b |
Recent financial health updates
Recent updates
Is Energy World (ASX:EWC) Using Too Much Debt?
Mar 05
Energy World (ASX:EWC) Could Be Struggling To Allocate Capital
Aug 11Estimating The Fair Value Of Energy World Corporation Ltd (ASX:EWC)
Oct 11Is Energy World Corporation Ltd's (ASX:EWC) Shareholder Ownership Skewed Towards Insiders?
Mar 09Returns On Capital At Energy World (ASX:EWC) Paint An Interesting Picture
Feb 11A Look At Energy World's (ASX:EWC) Share Price Returns
Jan 21
How Much is Energy World's (ASX:EWC) CEO Getting Paid?
Dec 30Financial Position Analysis
Short Term Liabilities: EWC's short term assets ($14.1M) do not cover its short term liabilities ($44.0M).
Long Term Liabilities: EWC's short term assets ($14.1M) do not cover its long term liabilities ($804.1M).
Debt to Equity History and Analysis
Debt Level: EWC's net debt to equity ratio (66.8%) is considered high.
Reducing Debt: EWC's debt to equity ratio has reduced from 102.1% to 67.3% over the past 5 years.
Debt Coverage: EWC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: EWC's interest payments on its debt are not well covered by EBIT (0.2x coverage).