Enterprise Group Balance Sheet Health
Financial Health criteria checks 4/6
Enterprise Group has a total shareholder equity of CA$53.4M and total debt of CA$21.0M, which brings its debt-to-equity ratio to 39.2%. Its total assets and total liabilities are CA$88.9M and CA$35.4M respectively. Enterprise Group's EBIT is CA$9.0M making its interest coverage ratio 3.5. It has cash and short-term investments of CA$9.6M.
Key information
39.2%
Debt to equity ratio
CA$20.97m
Debt
| Interest coverage ratio | 3.5x |
| Cash | CA$9.58m |
| Equity | CA$53.44m |
| Total liabilities | CA$35.43m |
| Total assets | CA$88.87m |
Recent financial health updates
Does Enterprise Group (TSE:E) Have A Healthy Balance Sheet?
Jun 17
Enterprise Group (TSE:E) Has A Pretty Healthy Balance Sheet
Jan 26Is 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
Is It Time To Consider Buying Enterprise Group, Inc. (TSE:E)?
Nov 09Enterprise Group, Inc. (TSE:E) Shares Slammed 26% But Getting In Cheap Might Be Difficult Regardless
Nov 09Enterprise Group, Inc.'s (TSE:E) Price Is Right But Growth Is Lacking After Shares Rocket 26%
Aug 24Upgrade: Analysts Just Made A Notable Increase To Their Enterprise Group, Inc. (TSE:E) Forecasts
Aug 15Should You Think About Buying Enterprise Group, Inc. (TSE:E) Now?
Jul 27Does Enterprise Group (TSE:E) Have A Healthy Balance Sheet?
Jun 17Enterprise Group, Inc.'s (TSE:E) Share Price Boosted 27% But Its Business Prospects Need A Lift Too
Apr 25Should 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$15.6M) exceed its short term liabilities (CA$4.1M).
Long Term Liabilities: E's short term assets (CA$15.6M) do not cover its long term liabilities (CA$31.4M).
Debt to Equity History and Analysis
Debt Level: E's net debt to equity ratio (21.3%) is considered satisfactory.
Reducing Debt: E's debt to equity ratio has increased from 22% to 39.2% over the past 5 years.
Debt Coverage: E's debt is well covered by operating cash flow (71.8%).
Interest Coverage: E's interest payments on its debt are well covered by EBIT (3.5x coverage).