Equus Total Return Balance Sheet Health
Financial Health criteria checks 2/6
Equus Total Return has a total shareholder equity of $48.3M and total debt of $45.0M, which brings its debt-to-equity ratio to 93.1%. Its total assets and total liabilities are $93.5M and $45.3M respectively.
Key information
93.1%
Debt to equity ratio
US$44.96m
Debt
Interest coverage ratio | n/a |
Cash | US$6.53m |
Equity | US$48.29m |
Total liabilities | US$45.26m |
Total assets | US$93.55m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: EQS's short term assets ($52.3M) exceed its short term liabilities ($45.3M).
Long Term Liabilities: EQS has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: EQS's net debt to equity ratio (79.6%) is considered high.
Reducing Debt: EQS's debt to equity ratio has increased from 62% to 93.1% over the past 5 years.
Debt Coverage: EQS's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if EQS's interest payments on its debt are well covered by EBIT.