Emerald Holding Balance Sheet Health
Financial Health criteria checks 3/6
Emerald Holding has a total shareholder equity of $408.5M and total debt of $402.9M, which brings its debt-to-equity ratio to 98.6%. Its total assets and total liabilities are $1.1B and $671.9M respectively. Emerald Holding's EBIT is $51.5M making its interest coverage ratio 1.4. It has cash and short-term investments of $186.8M.
Key information
98.6%
Debt to equity ratio
US$402.90m
Debt
Interest coverage ratio | 1.4x |
Cash | US$186.80m |
Equity | US$408.50m |
Total liabilities | US$671.90m |
Total assets | US$1.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EM7's short term assets ($326.4M) exceed its short term liabilities ($247.4M).
Long Term Liabilities: EM7's short term assets ($326.4M) do not cover its long term liabilities ($424.5M).
Debt to Equity History and Analysis
Debt Level: EM7's net debt to equity ratio (52.9%) is considered high.
Reducing Debt: EM7's debt to equity ratio has increased from 75.6% to 98.6% 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: Whilst unprofitable EM7 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: EM7 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 0.7% per year.