Ecora Resources Balance Sheet Health
Financial Health criteria checks 3/6
Ecora Resources has a total shareholder equity of $482.0M and total debt of $82.4M, which brings its debt-to-equity ratio to 17.1%. Its total assets and total liabilities are $636.3M and $154.3M respectively. Ecora Resources's EBIT is $42.2M making its interest coverage ratio 7.2. It has cash and short-term investments of $7.9M.
Key information
17.1%
Debt to equity ratio
US$82.40m
Debt
Interest coverage ratio | 7.2x |
Cash | US$7.85m |
Equity | US$482.02m |
Total liabilities | US$154.26m |
Total assets | US$636.28m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HGR's short term assets ($17.5M) do not cover its short term liabilities ($29.3M).
Long Term Liabilities: HGR's short term assets ($17.5M) do not cover its long term liabilities ($125.0M).
Debt to Equity History and Analysis
Debt Level: HGR's net debt to equity ratio (15.5%) is considered satisfactory.
Reducing Debt: HGR's debt to equity ratio has increased from 3.8% to 17.1% over the past 5 years.
Debt Coverage: HGR's debt is well covered by operating cash flow (40.7%).
Interest Coverage: HGR's interest payments on its debt are well covered by EBIT (7.2x coverage).