Eratex Djaja Balance Sheet Health
Financial Health criteria checks 3/6
Eratex Djaja has a total shareholder equity of $25.4M and total debt of $37.2M, which brings its debt-to-equity ratio to 146.6%. Its total assets and total liabilities are $73.1M and $47.7M respectively. Eratex Djaja's EBIT is $4.2M making its interest coverage ratio 1.6. It has cash and short-term investments of $2.5M.
Key information
146.6%
Debt to equity ratio
US$37.15m
Debt
| Interest coverage ratio | 1.6x |
| Cash | US$2.54m |
| Equity | US$25.35m |
| Total liabilities | US$47.75m |
| Total assets | US$73.10m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ERTX's short term assets ($37.9M) exceed its short term liabilities ($28.8M).
Long Term Liabilities: ERTX's short term assets ($37.9M) exceed its long term liabilities ($19.0M).
Debt to Equity History and Analysis
Debt Level: ERTX's net debt to equity ratio (136.5%) is considered high.
Reducing Debt: ERTX's debt to equity ratio has reduced from 181.6% to 146.6% over the past 5 years.
Debt Coverage: ERTX's debt is not well covered by operating cash flow (7.6%).
Interest Coverage: ERTX's interest payments on its debt are not well covered by EBIT (1.6x coverage).