Emeco Holdings Balance Sheet Health

Financial Health criteria checks 5/6

Emeco Holdings has a total shareholder equity of A$637.2M and total debt of A$282.4M, which brings its debt-to-equity ratio to 44.3%. Its total assets and total liabilities are A$1.2B and A$537.5M respectively. Emeco Holdings's EBIT is A$115.7M making its interest coverage ratio 4.7. It has cash and short-term investments of A$78.3M.

Key information

44.3%

Debt to equity ratio

AU$282.39m

Debt

Interest coverage ratio4.7x
CashAU$78.27m
EquityAU$637.24m
Total liabilitiesAU$537.52m
Total assetsAU$1.17b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: E3A's short term assets (A$294.0M) exceed its short term liabilities (A$195.8M).

Long Term Liabilities: E3A's short term assets (A$294.0M) do not cover its long term liabilities (A$341.7M).


Debt to Equity History and Analysis

Debt Level: E3A's net debt to equity ratio (32%) is considered satisfactory.

Reducing Debt: E3A's debt to equity ratio has reduced from 231% to 44.3% over the past 5 years.

Debt Coverage: E3A's debt is well covered by operating cash flow (84%).

Interest Coverage: E3A's interest payments on its debt are well covered by EBIT (4.7x coverage).


Balance Sheet


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