Energy Recovery Balance Sheet Health
Financial Health criteria checks 6/6
Energy Recovery has a total shareholder equity of $219.8M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $253.0M and $33.2M respectively. Energy Recovery's EBIT is $19.1M making its interest coverage ratio -5.1. It has cash and short-term investments of $108.5M.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | -5.1x |
Cash | US$108.54m |
Equity | US$219.81m |
Total liabilities | US$33.17m |
Total assets | US$252.97m |
Recent financial health updates
No updates
Recent updates
Energy Recovery, Inc.'s (NASDAQ:ERII) Earnings Haven't Escaped The Attention Of Investors
Apr 09Returns At Energy Recovery (NASDAQ:ERII) Appear To Be Weighed Down
Mar 22Is Now The Time To Look At Buying Energy Recovery, Inc. (NASDAQ:ERII)?
Feb 24Energy Recovery Is Close To Fair Value, But I Wait For Lower Prices
Feb 22Energy Recovery: Operating In Vital Markets But Lacking Appealing Value
Jan 27Some Investors May Be Worried About Energy Recovery's (NASDAQ:ERII) Returns On Capital
Nov 20Is Energy Recovery, Inc. (NASDAQ:ERII) Potentially Undervalued?
Oct 08Returns On Capital At Energy Recovery (NASDAQ:ERII) Paint A Concerning Picture
Aug 04Is Now An Opportune Moment To Examine Energy Recovery, Inc. (NASDAQ:ERII)?
Jul 10Is There An Opportunity With Energy Recovery, Inc.'s (NASDAQ:ERII) 47% Undervaluation?
May 08Is Now The Time To Put Energy Recovery (NASDAQ:ERII) On Your Watchlist?
Apr 02Is Now An Opportune Moment To Examine Energy Recovery, Inc. (NASDAQ:ERII)?
Nov 24Energy Recovery (NASDAQ:ERII) Might Have The Makings Of A Multi-Bagger
Oct 03Calculating The Fair Value Of Energy Recovery, Inc. (NASDAQ:ERII)
Sep 01ERII: Investors Cheer IRA Bill And VorTeq's Exit
Aug 08What Does Energy Recovery, Inc.'s (NASDAQ:ERII) Share Price Indicate?
Jul 25Energy Recovery: A Novel Solution But At An Unreasonable Price
Jun 19Returns At Energy Recovery (NASDAQ:ERII) Are On The Way Up
Jun 13ERII: Because There Is A Global Water Crisis
Apr 08At US$19.93, Is It Time To Put Energy Recovery, Inc. (NASDAQ:ERII) On Your Watch List?
Mar 21Energy Recovery Inc.: Hidden Potential In The ESG Market
Jan 26There's Been No Shortage Of Growth Recently For Energy Recovery's (NASDAQ:ERII) Returns On Capital
Jan 08An Intrinsic Calculation For Energy Recovery, Inc. (NASDAQ:ERII) Suggests It's 27% Undervalued
Dec 14At US$20.32, Is Energy Recovery, Inc. (NASDAQ:ERII) Worth Looking At Closely?
Nov 01Energy Recovery (NASDAQ:ERII) Is Looking To Continue Growing Its Returns On Capital
Oct 05Calculating The Intrinsic Value Of Energy Recovery, Inc. (NASDAQ:ERII)
Sep 10Financial Position Analysis
Short Term Liabilities: ERII's short term assets ($185.5M) exceed its short term liabilities ($21.5M).
Long Term Liabilities: ERII's short term assets ($185.5M) exceed its long term liabilities ($11.7M).
Debt to Equity History and Analysis
Debt Level: ERII is debt free.
Reducing Debt: ERII had no debt 5 years ago.
Debt Coverage: ERII has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ERII has no debt, therefore coverage of interest payments is not a concern.