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
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3EO1's short term assets (CA$12.9M) exceed its short term liabilities (CA$3.7M).
Long Term Liabilities: 3EO1'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: 3EO1's net debt to equity ratio (40.3%) is considered high.
Reducing Debt: 3EO1's debt to equity ratio has increased from 18% to 52.8% over the past 5 years.
Debt Coverage: 3EO1's debt is well covered by operating cash flow (62.8%).
Interest Coverage: 3EO1's interest payments on its debt are well covered by EBIT (4.5x coverage).