Eastern Balance Sheet Health
Financial Health criteria checks 6/6
Eastern has a total shareholder equity of $119.2M and total debt of $44.7M, which brings its debt-to-equity ratio to 37.5%. Its total assets and total liabilities are $244.2M and $125.0M respectively. Eastern's EBIT is $19.8M making its interest coverage ratio 5.7. It has cash and short-term investments of $9.7M.
Key information
37.5%
Debt to equity ratio
US$44.72m
Debt
| Interest coverage ratio | 5.7x |
| Cash | US$9.71m |
| Equity | US$119.24m |
| Total liabilities | US$124.98m |
| Total assets | US$244.22m |
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
Eastern (NASDAQ:EML) Is Paying Out A Dividend Of $0.11
Nov 03Eastern (NASDAQ:EML) Might Be Having Difficulty Using Its Capital Effectively
Jul 18Risks To Shareholder Returns Are Elevated At These Prices For The Eastern Company (NASDAQ:EML)
Jul 03Eastern (NASDAQ:EML) Is Paying Out A Dividend Of $0.11
May 02The 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 04Financial Position Analysis
Short Term Liabilities: EML's short term assets ($126.1M) exceed its short term liabilities ($47.8M).
Long Term Liabilities: EML's short term assets ($126.1M) exceed its long term liabilities ($77.2M).
Debt to Equity History and Analysis
Debt Level: EML's net debt to equity ratio (29.4%) is considered satisfactory.
Reducing Debt: EML's debt to equity ratio has reduced from 96.6% to 37.5% over the past 5 years.
Debt Coverage: EML's debt is well covered by operating cash flow (35.8%).
Interest Coverage: EML's interest payments on its debt are well covered by EBIT (5.7x coverage).