Emeco Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Emeco Holdings has a total shareholder equity of A$603.9M and total debt of A$275.8M, which brings its debt-to-equity ratio to 45.7%. Its total assets and total liabilities are A$1.1B and A$525.2M respectively. Emeco Holdings's EBIT is A$117.8M making its interest coverage ratio 4.5. It has cash and short-term investments of A$64.5M.
Key information
45.7%
Debt to equity ratio
AU$275.83m
Debt
Interest coverage ratio | 4.5x |
Cash | AU$64.45m |
Equity | AU$603.90m |
Total liabilities | AU$525.24m |
Total assets | AU$1.13b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EOHD.F's short term assets (A$269.6M) exceed its short term liabilities (A$200.0M).
Long Term Liabilities: EOHD.F's short term assets (A$269.6M) do not cover its long term liabilities (A$325.3M).
Debt to Equity History and Analysis
Debt Level: EOHD.F's net debt to equity ratio (35%) is considered satisfactory.
Reducing Debt: EOHD.F's debt to equity ratio has reduced from 278.9% to 45.7% over the past 5 years.
Debt Coverage: EOHD.F's debt is well covered by operating cash flow (90.6%).
Interest Coverage: EOHD.F's interest payments on its debt are well covered by EBIT (4.5x coverage).