Ecora Resources Balance Sheet Health
Financial Health criteria checks 4/6
Ecora Resources has a total shareholder equity of $468.2M and total debt of $99.0M, which brings its debt-to-equity ratio to 21.1%. Its total assets and total liabilities are $615.3M and $147.2M respectively. Ecora Resources's EBIT is $50.1M making its interest coverage ratio 8.6. It has cash and short-term investments of $13.0M.
Key information
21.1%
Debt to equity ratio
US$98.96m
Debt
| Interest coverage ratio | 8.6x |
| Cash | US$12.98m |
| Equity | US$468.16m |
| Total liabilities | US$147.17m |
| Total assets | US$615.33m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HGR's short term assets ($36.5M) exceed its short term liabilities ($12.0M).
Long Term Liabilities: HGR's short term assets ($36.5M) do not cover its long term liabilities ($135.2M).
Debt to Equity History and Analysis
Debt Level: HGR's net debt to equity ratio (18.4%) is considered satisfactory.
Reducing Debt: HGR's debt to equity ratio has increased from 0% to 21.1% over the past 5 years.
Debt Coverage: HGR's debt is well covered by operating cash flow (28.8%).
Interest Coverage: HGR's interest payments on its debt are well covered by EBIT (8.6x coverage).