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Evergreen Gaming Balance Sheet Health
Financial Health criteria checks 6/6
Key information
9.8%
Debt to equity ratio
US$4.21m
Debt
| Interest coverage ratio | 136.3x |
| Cash | US$32.41m |
| Equity | US$43.09m |
| Total liabilities | US$17.68m |
| Total assets | US$60.78m |
Recent financial health updates
We Think Evergreen Gaming (CVE:TNA) Can Manage Its Debt With Ease
Aug 12
We Think Evergreen Gaming (CVE:TNA) Can Manage Its Debt With Ease
Mar 23These 4 Measures Indicate That Evergreen Gaming (CVE:TNA) Is Using Debt Safely
Nov 09Is Evergreen Gaming (CVE:TNA) Using Debt Sensibly?
Jun 16Is Evergreen Gaming (CVE:TNA) Using Debt In A Risky Way?
Mar 03Health Check: How Prudently Does Evergreen Gaming (CVE:TNA) Use Debt?
Dec 02
Recent updates
We Think Evergreen Gaming (CVE:TNA) Can Manage Its Debt With Ease
Aug 12We Think Evergreen Gaming (CVE:TNA) Can Manage Its Debt With Ease
Mar 23Here's What's Concerning About Evergreen Gaming's (CVE:TNA) Returns On Capital
Jan 18These 4 Measures Indicate That Evergreen Gaming (CVE:TNA) Is Using Debt Safely
Nov 09Here's What's Concerning About Evergreen Gaming's (CVE:TNA) Returns On Capital
Sep 01Is Evergreen Gaming (CVE:TNA) Using Debt Sensibly?
Jun 16Is Evergreen Gaming (CVE:TNA) Using Debt In A Risky Way?
Mar 03Here's Why We Don't Think Evergreen Gaming's (CVE:TNA) Statutory Earnings Reflect Its Underlying Earnings Potential
Jan 08Health Check: How Prudently Does Evergreen Gaming (CVE:TNA) Use Debt?
Dec 02Financial Position Analysis
Short Term Liabilities: TNA's short term assets ($43.5M) exceed its short term liabilities ($12.0M).
Long Term Liabilities: TNA's short term assets ($43.5M) exceed its long term liabilities ($5.7M).
Debt to Equity History and Analysis
Debt Level: TNA has more cash than its total debt.
Reducing Debt: TNA's debt to equity ratio has reduced from 49.4% to 9.8% over the past 5 years.
Debt Coverage: TNA's debt is well covered by operating cash flow (251.4%).
Interest Coverage: TNA's interest payments on its debt are well covered by EBIT (136.3x coverage).