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Great Eastern Energy Balance Sheet Health
Financial Health criteria checks 2/6
Great Eastern Energy has a total shareholder equity of $83.8M and total debt of $43.8M, which brings its debt-to-equity ratio to 52.2%. Its total assets and total liabilities are $133.5M and $49.7M respectively. Great Eastern Energy's EBIT is $5.2M making its interest coverage ratio 1.1. It has cash and short-term investments of $6.2M.
Key information
52.2%
Debt to equity ratio
US$43.76m
Debt
Interest coverage ratio | 1.1x |
Cash | US$6.24m |
Equity | US$83.76m |
Total liabilities | US$49.75m |
Total assets | US$133.51m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: D5T1's short term assets ($8.8M) do not cover its short term liabilities ($10.3M).
Long Term Liabilities: D5T1's short term assets ($8.8M) do not cover its long term liabilities ($39.4M).
Debt to Equity History and Analysis
Debt Level: D5T1's net debt to equity ratio (44.8%) is considered high.
Reducing Debt: D5T1's debt to equity ratio has reduced from 118.6% to 52.2% over the past 5 years.
Debt Coverage: D5T1's debt is well covered by operating cash flow (27.3%).
Interest Coverage: D5T1's interest payments on its debt are not well covered by EBIT (1.1x coverage).