Enterprise Group Balance Sheet Health
Financial Health criteria checks 3/6
Enterprise Group has a total shareholder equity of CA$40.8M and total debt of CA$21.5M, which brings its debt-to-equity ratio to 52.8%. Its total assets and total liabilities are CA$72.8M and CA$32.0M respectively. Enterprise Group's EBIT is CA$7.9M making its interest coverage ratio 4.5. It has cash and short-term investments of CA$5.1M.
Key information
52.8%
Debt to equity ratio
CA$21.54m
Debt
| Interest coverage ratio | 4.5x |
| Cash | CA$5.11m |
| Equity | CA$40.80m |
| Total liabilities | CA$32.01m |
| Total assets | CA$72.81m |
Recent financial health updates
Enterprise Group (TSE:E) Has A Pretty Healthy Balance Sheet
Jan 26
Is Enterprise Group (TSE:E) Using Too Much Debt?
Jan 15Enterprise Group (TSE:E) Has Debt But No Earnings; Should You Worry?
Sep 25Enterprise Group (TSE:E) Has Debt But No Earnings; Should You Worry?
Apr 12Enterprise Group (TSE:E) Has Debt But No Earnings; Should You Worry?
Dec 28
Recent updates
Should You Be Adding Enterprise Group (TSE:E) To Your Watchlist Today?
Apr 09Impressive Earnings May Not Tell The Whole Story For Enterprise Group (TSE:E)
Mar 15Is There Now An Opportunity In Enterprise Group, Inc. (TSE:E)?
Feb 10Enterprise Group (TSE:E) Has A Pretty Healthy Balance Sheet
Jan 26Enterprise Group (TSE:E) Might Have The Makings Of A Multi-Bagger
Dec 06At CA$0.72, Is It Time To Put Enterprise Group, Inc. (TSE:E) On Your Watch List?
Nov 02Enterprise Group, Inc.'s (TSE:E) Shares Leap 32% Yet They're Still Not Telling The Full Story
Oct 05Here's Why We Think Enterprise Group (TSE:E) Is Well Worth Watching
Sep 15One Analyst's Earnings Estimates For Enterprise Group, Inc. (TSE:E) Are Surging Higher
May 23When Should You Buy Enterprise Group, Inc. (TSE:E)?
May 16Returns At Enterprise Group (TSE:E) Are On The Way Up
Oct 08Returns Are Gaining Momentum At Enterprise Group (TSE:E)
May 04Is Enterprise Group (TSE:E) Using Too Much Debt?
Jan 15Enterprise Group (TSE:E) Has Debt But No Earnings; Should You Worry?
Sep 25Enterprise Group (TSE:E) Has Debt But No Earnings; Should You Worry?
Apr 12Enterprise Group (TSE:E) Has Debt But No Earnings; Should You Worry?
Dec 28Financial Position Analysis
Short Term Liabilities: E's short term assets (CA$12.9M) exceed its short term liabilities (CA$3.7M).
Long Term Liabilities: E's short term assets (CA$12.9M) do not cover its long term liabilities (CA$28.3M).
Debt to Equity History and Analysis
Debt Level: E's net debt to equity ratio (40.3%) is considered high.
Reducing Debt: E's debt to equity ratio has increased from 18% to 52.8% over the past 5 years.
Debt Coverage: E's debt is well covered by operating cash flow (62.8%).
Interest Coverage: E's interest payments on its debt are well covered by EBIT (4.5x coverage).