Ensign Group Balance Sheet Health
Financial Health criteria checks 5/6
Ensign Group has a total shareholder equity of $1.5B and total debt of $149.4M, which brings its debt-to-equity ratio to 10%. Its total assets and total liabilities are $4.2B and $2.7B respectively. Ensign Group's EBIT is $255.4M making its interest coverage ratio 31.6. It has cash and short-term investments of $526.9M.
Key information
10.0%
Debt to equity ratio
US$149.45m
Debt
Interest coverage ratio | 31.6x |
Cash | US$526.86m |
Equity | US$1.50b |
Total liabilities | US$2.68b |
Total assets | US$4.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EGB's short term assets ($1.0B) exceed its short term liabilities ($734.7M).
Long Term Liabilities: EGB's short term assets ($1.0B) do not cover its long term liabilities ($1.9B).
Debt to Equity History and Analysis
Debt Level: EGB has more cash than its total debt.
Reducing Debt: EGB's debt to equity ratio has reduced from 40.4% to 10% over the past 5 years.
Debt Coverage: EGB's debt is well covered by operating cash flow (252%).
Interest Coverage: EGB's interest payments on its debt are well covered by EBIT (31.6x coverage).