Eneti Balance Sheet Health
Financial Health criteria checks 4/6
Eneti has a total shareholder equity of $671.5M and total debt of $55.3M, which brings its debt-to-equity ratio to 8.2%. Its total assets and total liabilities are $766.3M and $94.8M respectively. Eneti's EBIT is $14.2M making its interest coverage ratio -5.9. It has cash and short-term investments of $79.0M.
Key information
8.2%
Debt to equity ratio
US$55.28m
Debt
Interest coverage ratio | -5.9x |
Cash | US$78.99m |
Equity | US$671.49m |
Total liabilities | US$94.83m |
Total assets | US$766.32m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SR4's short term assets ($137.9M) exceed its short term liabilities ($37.9M).
Long Term Liabilities: SR4's short term assets ($137.9M) exceed its long term liabilities ($56.9M).
Debt to Equity History and Analysis
Debt Level: SR4 has more cash than its total debt.
Reducing Debt: SR4's debt to equity ratio has reduced from 82.3% to 8.2% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if SR4 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if SR4 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.