Eratex Djaja Balance Sheet Health
Financial Health criteria checks 4/6
Eratex Djaja has a total shareholder equity of $25.6M and total debt of $38.5M, which brings its debt-to-equity ratio to 150.5%. Its total assets and total liabilities are $77.3M and $51.7M respectively. Eratex Djaja's EBIT is $5.2M making its interest coverage ratio 2. It has cash and short-term investments of $6.0M.
Key information
150.5%
Debt to equity ratio
US$38.48m
Debt
Interest coverage ratio | 2x |
Cash | US$5.95m |
Equity | US$25.58m |
Total liabilities | US$51.73m |
Total assets | US$77.31m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ERTX's short term assets ($42.4M) exceed its short term liabilities ($32.6M).
Long Term Liabilities: ERTX's short term assets ($42.4M) exceed its long term liabilities ($19.2M).
Debt to Equity History and Analysis
Debt Level: ERTX's net debt to equity ratio (127.2%) is considered high.
Reducing Debt: ERTX's debt to equity ratio has reduced from 174.9% to 150.5% over the past 5 years.
Debt Coverage: ERTX's debt is well covered by operating cash flow (30.2%).
Interest Coverage: ERTX's interest payments on its debt are not well covered by EBIT (2x coverage).