eEnergy Group Balance Sheet Health
Financial Health criteria checks 3/6
eEnergy Group has a total shareholder equity of £24.1M and total debt of £7.8M, which brings its debt-to-equity ratio to 32.2%. Its total assets and total liabilities are £56.1M and £32.0M respectively. eEnergy Group's EBIT is £3.3M making its interest coverage ratio 3.1. It has cash and short-term investments of £1.3M.
Key information
32.2%
Debt to equity ratio
UK£7.75m
Debt
| Interest coverage ratio | 3.1x |
| Cash | UK£1.35m |
| Equity | UK£24.06m |
| Total liabilities | UK£32.01m |
| Total assets | UK£56.07m |
Recent financial health updates
Does eEnergy Group (LON:EAAS) Have A Healthy Balance Sheet?
Oct 04
Is eEnergy Group (LON:EAAS) A Risky Investment?
Mar 18Health Check: How Prudently Does eEnergy Group (LON:EAAS) Use Debt?
Apr 16Recent updates
When Should You Buy eEnergy Group Plc (LON:EAAS)?
Feb 21eEnergy Group Plc (LON:EAAS) Shares Could Be 46% Below Their Intrinsic Value Estimate
Jan 17Is Now An Opportune Moment To Examine eEnergy Group Plc (LON:EAAS)?
Nov 09Does eEnergy Group (LON:EAAS) Have A Healthy Balance Sheet?
Oct 04A Piece Of The Puzzle Missing From eEnergy Group Plc's (LON:EAAS) 59% Share Price Climb
Apr 17The Return Trends At eEnergy Group (LON:EAAS) Look Promising
Mar 29Is eEnergy Group (LON:EAAS) A Risky Investment?
Mar 18Health Check: How Prudently Does eEnergy Group (LON:EAAS) Use Debt?
Apr 16Need To Know: eEnergy Group Plc (LON:EAAS) Insiders Have Been Selling Shares
Mar 12Finance Director of eLight Nicole Street Just Sold A Bunch Of Shares In eEnergy Group Plc (LON:EAAS)
Mar 11If You Had Bought eEnergy Group (LON:EAAS) Shares A Year Ago You'd Have Earned 117% Returns
Jan 19
Financial Position Analysis
Short Term Liabilities: EAAS's short term assets (£25.3M) do not cover its short term liabilities (£27.1M).
Long Term Liabilities: EAAS's short term assets (£25.3M) exceed its long term liabilities (£4.9M).
Debt to Equity History and Analysis
Debt Level: EAAS's net debt to equity ratio (26.6%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if EAAS's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: EAAS's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: EAAS's interest payments on its debt are well covered by EBIT (3.1x coverage).