Encore Capital Group Balance Sheet Health
Financial Health criteria checks 3/6
Encore Capital Group has a total shareholder equity of $936.5M and total debt of $3.4B, which brings its debt-to-equity ratio to 359.4%. Its total assets and total liabilities are $4.6B and $3.7B respectively. Encore Capital Group's EBIT is $273.5M making its interest coverage ratio 1.4. It has cash and short-term investments of $175.7M.
Key information
359.4%
Debt to equity ratio
US$3.37b
Debt
| Interest coverage ratio | 1.4x |
| Cash | US$175.68m |
| Equity | US$936.54m |
| Total liabilities | US$3.69b |
| Total assets | US$4.63b |
Recent financial health updates
No updates
Recent updates
Do Encore Capital Group's (NASDAQ:ECPG) Earnings Warrant Your Attention?
Dec 18
Do Encore Capital Group's (NASDAQ:ECPG) Earnings Warrant Your Attention?
Sep 18Encore Capital Group stock gains after positive mention on CNBC
Jul 12Is Now The Time To Put Encore Capital Group (NASDAQ:ECPG) On Your Watchlist?
Jun 12Encore Capital: With 13% More Debt Collections, It Looks Like A Buy
Dec 18Should You Be Adding Encore Capital Group (NASDAQ:ECPG) To Your Watchlist Today?
Dec 07Should You Be Adding Encore Capital Group (NASDAQ:ECPG) To Your Watchlist Today?
Sep 01A Blind Market Can't Recognize Success: The Case Of Encore Capital Group
Aug 09Shareholders Will Most Likely Find Encore Capital Group, Inc.'s (NASDAQ:ECPG) CEO Compensation Acceptable
Jun 05Encore Capital Group, Inc. 2021 Q1 - Results - Earnings Call Presentation
May 06Do Encore Capital Group's (NASDAQ:ECPG) Earnings Warrant Your Attention?
Apr 10Should Encore Capital Group (NASDAQ:ECPG) Be Disappointed With Their 59% Profit?
Mar 15Have Insiders Been Buying Encore Capital Group, Inc. (NASDAQ:ECPG) Shares This Year?
Feb 17Do Encore Capital Group's (NASDAQ:ECPG) Earnings Warrant Your Attention?
Dec 24
Encore Capital Group (NASDAQ:ECPG) Share Prices Have Dropped 25% In The Last Three Years
Nov 19Wendy Hannam Is The Independent Director of Encore Capital Group, Inc. (NASDAQ:ECPG) And They Just Picked Up 100% More Shares
Nov 19Encore Capital prices upsized senior secured notes offering
Nov 12Encore Capital EPS beats by $0.14, beats on revenue
Nov 02Financial Position Analysis
Short Term Liabilities: ECPG's short term assets ($3.7B) exceed its short term liabilities ($299.8M).
Long Term Liabilities: ECPG's short term assets ($3.7B) exceed its long term liabilities ($3.4B).
Debt to Equity History and Analysis
Debt Level: ECPG's net debt to equity ratio (340.6%) is considered high.
Reducing Debt: ECPG's debt to equity ratio has reduced from 425.5% to 359.4% over the past 5 years.
Debt Coverage: ECPG's debt is not well covered by operating cash flow (4.5%).
Interest Coverage: ECPG's interest payments on its debt are not well covered by EBIT (1.4x coverage).