Eagle Point Income Balance Sheet Health
Financial Health criteria checks 1/6
Eagle Point Income has a total shareholder equity of $195.9M and total debt of $91.8M, which brings its debt-to-equity ratio to 46.9%. Its total assets and total liabilities are $289.5M and $93.6M respectively. Eagle Point Income's EBIT is $23.8M making its interest coverage ratio 6. It has cash and short-term investments of $114.9K.
Key information
46.9%
Debt to equity ratio
US$91.82m
Debt
| Interest coverage ratio | 6x |
| Cash | US$114.94k |
| Equity | US$195.90m |
| Total liabilities | US$93.63m |
| Total assets | US$289.54m |
Recent financial health updates
No updates
Recent updates
Eagle Point Income Issues 3rd Term Preferred Stock
May 08Eagle Point Income: A Less Risky CLO Alternative To ECC
Apr 22Eagle Point Income: The 2026 Term Preferred Shares Offer A 8% YTM
Jan 07EIC: 15% Annual Returns For Past 3 Years And Still Soaring
Nov 15Eagle Point Income: I'm A Buyer Of The 7.75% Preferred Shares
Sep 25EIC: 0% Returns Since Inception, Here Are Two Alternatives For The Next Two Years
Jun 01Eagle Point Income Company GAAP EPS of $0.88
Feb 22Eagle Point Income Company GAAP EPS of -$0.51
Nov 15Eagle Point Income Company dividend raises by 12% to $ 0.14
Aug 12Eagle Point Income: A Sustainable Step-Up In Income For This 10%-Yielding CLO CEF
Jun 07Eagle Point Income: A Unique Value In Our Current Environment
Mar 27EIC Vs. HYG: An In-Depth Comparison Of 2 High Yield Options
Nov 19Eagle Point Income: More Income, Less Risk, And A Fund Institutional Investors Love
Oct 16Eagle Point Income Company Inc. 2020 Q3 - Results - Earnings Call Presentation
Nov 17Eagle Point Income Company declares $0.08 dividend
Nov 13Financial Position Analysis
Short Term Liabilities: EIC's short term assets ($8.7M) do not cover its short term liabilities ($20.6M).
Long Term Liabilities: EIC's short term assets ($8.7M) do not cover its long term liabilities ($73.0M).
Debt to Equity History and Analysis
Debt Level: EIC's net debt to equity ratio (46.8%) is considered high.
Reducing Debt: EIC's debt to equity ratio has increased from 4.2% to 46.9% over the past 5 years.
Debt Coverage: EIC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: EIC's interest payments on its debt are well covered by EBIT (6x coverage).