Electromagnetic Geoservices Balance Sheet Health
Financial Health criteria checks 2/6
Electromagnetic Geoservices has a total shareholder equity of $3.4M and total debt of $19.7M, which brings its debt-to-equity ratio to 574.6%. Its total assets and total liabilities are $29.8M and $26.4M respectively. Electromagnetic Geoservices's EBIT is $5.6M making its interest coverage ratio 2.5. It has cash and short-term investments of $9.1M.
Key information
574.6%
Debt to equity ratio
US$19.66m
Debt
| Interest coverage ratio | 2.5x |
| Cash | US$9.12m |
| Equity | US$3.42m |
| Total liabilities | US$26.39m |
| Total assets | US$29.81m |
Recent financial health updates
Electromagnetic Geoservices (OB:EMGS) Takes On Some Risk With Its Use Of Debt
Feb 01
Electromagnetic Geoservices (OB:EMGS) Takes On Some Risk With Its Use Of Debt
Sep 16Is Electromagnetic Geoservices (OB:EMGS) A Risky Investment?
May 27These 4 Measures Indicate That Electromagnetic Geoservices (OB:EMGS) Is Using Debt Extensively
Jan 20Recent updates
Electromagnetic Geoservices' (OB:EMGS) Earnings Are Weaker Than They Seem
Feb 17Electromagnetic Geoservices (OB:EMGS) Takes On Some Risk With Its Use Of Debt
Feb 01Optimistic Investors Push Electromagnetic Geoservices ASA (OB:EMGS) Shares Up 39% But Growth Is Lacking
Dec 31There's Been No Shortage Of Growth Recently For Electromagnetic Geoservices' (OB:EMGS) Returns On Capital
Nov 11Electromagnetic Geoservices (OB:EMGS) Takes On Some Risk With Its Use Of Debt
Sep 16Investors Shouldn't Overlook Electromagnetic Geoservices' (OB:EMGS) Impressive Returns On Capital
Aug 01Is Electromagnetic Geoservices (OB:EMGS) A Risky Investment?
May 27Electromagnetic Geoservices (OB:EMGS) Is Very Good At Capital Allocation
Mar 15Electromagnetic Geoservices ASA's (OB:EMGS) Shares Bounce 84% But Its Business Still Trails The Market
Feb 08These 4 Measures Indicate That Electromagnetic Geoservices (OB:EMGS) Is Using Debt Extensively
Jan 20Electromagnetic Geoservices (OB:EMGS) Is Very Good At Capital Allocation
Aug 24Electromagnetic Geoservices (OB:EMGS) Is Achieving High Returns On Its Capital
Mar 07Investors Shouldn't Overlook Electromagnetic Geoservices' (OB:EMGS) Impressive Returns On Capital
Nov 20These Trends Paint A Bright Future For Electromagnetic Geoservices (OB:EMGS)
Jan 06Financial Position Analysis
Short Term Liabilities: EMGS's short term assets ($16.5M) do not cover its short term liabilities ($26.3M).
Long Term Liabilities: EMGS's short term assets ($16.5M) exceed its long term liabilities ($39.0K).
Debt to Equity History and Analysis
Debt Level: EMGS's net debt to equity ratio (308%) is considered high.
Reducing Debt: EMGS's debt to equity ratio has increased from 195.3% to 574.6% over the past 5 years.
Debt Coverage: EMGS's debt is well covered by operating cash flow (46.5%).
Interest Coverage: EMGS's interest payments on its debt are not well covered by EBIT (2.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/03/23 06:30 |
| End of Day Share Price | 2025/03/21 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Electromagnetic Geoservices ASA is covered by 12 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| John A. Olaisen | ABG Sundal Collier |
| Christopher Mollerlokken | Arctic Securities ASA |
| Håkon Johansen | Beringer Finance AB |