Eneraqua Technologies Balance Sheet Health
Financial Health criteria checks 5/6
Eneraqua Technologies has a total shareholder equity of £25.0M and total debt of £5.5M, which brings its debt-to-equity ratio to 21.9%. Its total assets and total liabilities are £49.5M and £24.5M respectively. Eneraqua Technologies's EBIT is £7.2M making its interest coverage ratio 11.7. It has cash and short-term investments of £6.0M.
Key information
21.9%
Debt to equity ratio
UK£5.48m
Debt
Interest coverage ratio | 11.7x |
Cash | UK£5.96m |
Equity | UK£25.02m |
Total liabilities | UK£24.52m |
Total assets | UK£49.54m |
Recent financial health updates
No updates
Recent updates
Is There An Opportunity With Eneraqua Technologies plc's (LON:ETP) 43% Undervaluation?
Mar 13Is Now The Time To Look At Buying Eneraqua Technologies plc (LON:ETP)?
Dec 12Is Eneraqua Technologies plc (LON:ETP) Trading At A 48% Discount?
Nov 18Investors Shouldn't Overlook Eneraqua Technologies' (LON:ETP) Impressive Returns On Capital
Aug 24Take Care Before Jumping Onto Eneraqua Technologies plc (LON:ETP) Even Though It's 43% Cheaper
Jun 10Financial Position Analysis
Short Term Liabilities: ETP's short term assets (£35.7M) exceed its short term liabilities (£18.8M).
Long Term Liabilities: ETP's short term assets (£35.7M) exceed its long term liabilities (£5.8M).
Debt to Equity History and Analysis
Debt Level: ETP has more cash than its total debt.
Reducing Debt: Insufficient data to determine if ETP's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: ETP's debt is well covered by operating cash flow (74%).
Interest Coverage: ETP's interest payments on its debt are well covered by EBIT (11.7x coverage).