Energy One Balance Sheet Health
Financial Health criteria checks 3/6
Energy One has a total shareholder equity of A$53.1M and total debt of A$16.2M, which brings its debt-to-equity ratio to 30.4%. Its total assets and total liabilities are A$92.5M and A$39.3M respectively. Energy One's EBIT is A$4.7M making its interest coverage ratio 2.4. It has cash and short-term investments of A$2.0M.
Key information
30.4%
Debt to equity ratio
AU$16.15m
Debt
| Interest coverage ratio | 2.4x |
| Cash | AU$1.97m |
| Equity | AU$53.12m |
| Total liabilities | AU$39.34m |
| Total assets | AU$92.46m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: E8R's short term assets (A$11.1M) do not cover its short term liabilities (A$16.2M).
Long Term Liabilities: E8R's short term assets (A$11.1M) do not cover its long term liabilities (A$23.2M).
Debt to Equity History and Analysis
Debt Level: E8R's net debt to equity ratio (26.7%) is considered satisfactory.
Reducing Debt: E8R's debt to equity ratio has reduced from 72.3% to 30.4% over the past 5 years.
Debt Coverage: E8R's debt is well covered by operating cash flow (43.2%).
Interest Coverage: E8R's interest payments on its debt are not well covered by EBIT (2.4x coverage).