Eastern Balance Sheet Health
Financial Health criteria checks 5/6
Eastern has a total shareholder equity of $132.5M and total debt of $43.9M, which brings its debt-to-equity ratio to 33.2%. Its total assets and total liabilities are $252.0M and $119.6M respectively. Eastern's EBIT is $14.0M making its interest coverage ratio 4. It has cash and short-term investments of $9.3M.
Key information
33.2%
Debt to equity ratio
US$43.94m
Debt
| Interest coverage ratio | 4x |
| Cash | US$9.29m |
| Equity | US$132.48m |
| Total liabilities | US$119.56m |
| Total assets | US$252.04m |
Recent financial health updates
Does Eastern (NASDAQ:EML) Have A Healthy Balance Sheet?
Oct 20
Is Eastern (NASDAQ:EML) Using Too Much Debt?
May 12Eastern (NASDAQ:EML) Has A Somewhat Strained Balance Sheet
Apr 16Eastern (NASDAQ:EML) Has A Somewhat Strained Balance Sheet
Dec 31Recent updates
The Eastern Company's (NASDAQ:EML) Popularity With Investors Is Under Threat From Overpricing
Mar 18Optimistic Investors Push The Eastern Company (NASDAQ:EML) Shares Up 25% But Growth Is Lacking
Dec 18Returns On Capital Signal Tricky Times Ahead For Eastern (NASDAQ:EML)
Dec 13Eastern (NASDAQ:EML) Is Paying Out A Dividend Of $0.11
Nov 04Eastern (NASDAQ:EML) Has Announced A Dividend Of $0.11
Aug 05Eastern (NASDAQ:EML) Has Announced A Dividend Of $0.11
May 02Eastern (NASDAQ:EML) Hasn't Managed To Accelerate Its Returns
Mar 16Does Eastern (NASDAQ:EML) Have A Healthy Balance Sheet?
Oct 20Eastern Company sells Argo EMS business; terms undisclosed
Oct 19Eastern (NASDAQ:EML) Will Pay A Dividend Of $0.11
Aug 09The Eastern Company Non-GAAP EPS of $0.59, revenue of $69.54M
Aug 08The Eastern Company declares $0.11 dividend
Jul 28Is Eastern (NASDAQ:EML) Using Too Much Debt?
May 12Eastern's (NASDAQ:EML) Dividend Will Be US$0.11
Feb 13Eastern (NASDAQ:EML) Has Affirmed Its Dividend Of US$0.11
Nov 06Eastern (NASDAQ:EML) Hasn't Managed To Accelerate Its Returns
Jun 06Calculating The Fair Value Of The Eastern Company (NASDAQ:EML)
May 06The Eastern Company reports Q1 results
Apr 28Most Shareholders Will Probably Find That The Compensation For The Eastern Company's (NASDAQ:EML) CEO Is Reasonable
Apr 23Eastern (NASDAQ:EML) Has A Somewhat Strained Balance Sheet
Apr 16The Eastern Company's (NASDAQ:EML) Has Had A Decent Run On The Stock market: Are Fundamentals In The Driver's Seat?
Mar 21Why The Eastern Company (NASDAQ:EML) Should Be In Your Dividend Portfolio
Mar 08Should You Buy The Eastern Company (NASDAQ:EML) For Its Upcoming Dividend?
Feb 21
Eastern (NASDAQ:EML) Shareholders Booked A 60% Gain In The Last Five Years
Feb 08Our Take On The Returns On Capital At Eastern (NASDAQ:EML)
Jan 26Does Eastern's (NASDAQ:EML) Statutory Profit Adequately Reflect Its Underlying Profit?
Jan 13Eastern (NASDAQ:EML) Has A Somewhat Strained Balance Sheet
Dec 31Is The Eastern Company's (NASDAQ:EML) Recent Stock Performance Influenced By Its Fundamentals In Any Way?
Dec 18What Type Of Shareholders Own The Most Number of The Eastern Company (NASDAQ:EML) Shares?
Dec 06Eastern Co. sells Sesamee Mexicana and related Eberworld businesses
Dec 04Does The Eastern Company (NASDAQ:EML) Have A Place In Your Dividend Portfolio?
Nov 24The Eastern Company reports Q3 results
Nov 09Financial Position Analysis
Short Term Liabilities: EML's short term assets ($112.2M) exceed its short term liabilities ($42.7M).
Long Term Liabilities: EML's short term assets ($112.2M) exceed its long term liabilities ($76.8M).
Debt to Equity History and Analysis
Debt Level: EML's net debt to equity ratio (26.2%) is considered satisfactory.
Reducing Debt: EML's debt to equity ratio has increased from 29.7% to 33.2% over the past 5 years.
Debt Coverage: EML's debt is well covered by operating cash flow (60.3%).
Interest Coverage: EML's interest payments on its debt are well covered by EBIT (4x coverage).