Energy Recovery Balance Sheet Health
Financial Health criteria checks 6/6
Energy Recovery has a total shareholder equity of $218.5M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $249.0M and $30.5M respectively. Energy Recovery's EBIT is $16.8M making its interest coverage ratio -3.1. It has cash and short-term investments of $101.0M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | -3.1x |
| Cash | US$101.01m |
| Equity | US$218.51m |
| Total liabilities | US$30.53m |
| Total assets | US$249.04m |
Recent financial health updates
No updates
Recent updates
Why Investors Shouldn't Be Surprised By Energy Recovery, Inc.'s (NASDAQ:ERII) 25% Share Price Surge
Aug 22
Energy Recovery (NASDAQ:ERII) Has Some Way To Go To Become A Multi-Bagger
Aug 20Estimating The Fair Value Of Energy Recovery, Inc. (NASDAQ:ERII)
Jul 12Energy Recovery's Challenged Q1 Was Expected, But Caution Ahead
May 12Energy 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 13Financial Position Analysis
Short Term Liabilities: ERII's short term assets ($159.0M) exceed its short term liabilities ($20.0M).
Long Term Liabilities: ERII's short term assets ($159.0M) exceed its long term liabilities ($10.5M).
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.