Ecora Resources Balance Sheet Health
Financial Health criteria checks 4/6
Ecora Resources has a total shareholder equity of $427.8M and total debt of $41.5M, which brings its debt-to-equity ratio to 9.7%. Its total assets and total liabilities are $543.0M and $115.2M respectively. Ecora Resources's EBIT is $124.2M making its interest coverage ratio -62100.5. It has cash and short-term investments of $21.0M.
Key information
9.7%
Debt to equity ratio
US$41.50m
Debt
Interest coverage ratio | -62100.5x |
Cash | US$20.98m |
Equity | US$427.81m |
Total liabilities | US$115.22m |
Total assets | US$543.03m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: APFL's short term assets ($54.5M) exceed its short term liabilities ($22.2M).
Long Term Liabilities: APFL's short term assets ($54.5M) do not cover its long term liabilities ($93.0M).
Debt to Equity History and Analysis
Debt Level: APFL's net debt to equity ratio (4.8%) is considered satisfactory.
Reducing Debt: APFL's debt to equity ratio has increased from 2.9% to 9.7% over the past 5 years.
Debt Coverage: APFL's debt is well covered by operating cash flow (286.3%).
Interest Coverage: APFL earns more interest than it pays, so coverage of interest payments is not a concern.