East Resources Acquisition Balance Sheet Health
Financial Health criteria checks 0/6
East Resources Acquisition has a total shareholder equity of $-19.5M and total debt of $5.5M, which brings its debt-to-equity ratio to -28.1%. Its total assets and total liabilities are $29.6M and $49.1M respectively.
Key information
-28.1%
Debt to equity ratio
US$5.49m
Debt
| Interest coverage ratio | n/a |
| Cash | US$56.93k |
| Equity | -US$19.52m |
| Total liabilities | US$49.14m |
| Total assets | US$29.62m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ERES has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: ERES has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: ERES has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: ERES's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: ERES's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if ERES's interest payments on its debt are well covered by EBIT.