Energy Services of America Balance Sheet Health
Financial Health criteria checks 4/6
Energy Services of America has a total shareholder equity of $35.6M and total debt of $38.7M, which brings its debt-to-equity ratio to 108.5%. Its total assets and total liabilities are $136.4M and $100.7M respectively. Energy Services of America's EBIT is $16.0M making its interest coverage ratio 6.4. It has cash and short-term investments of $11.3M.
Key information
108.5%
Debt to equity ratio
US$38.67m
Debt
| Interest coverage ratio | 6.4x |
| Cash | US$11.26m |
| Equity | US$35.64m |
| Total liabilities | US$100.74m |
| Total assets | US$136.38m |
Recent financial health updates
These 4 Measures Indicate That Energy Services of America (NASDAQ:ESOA) Is Using Debt Extensively
Dec 06
Is Energy Services of America (NASDAQ:ESOA) Using Too Much Debt?
Feb 11Here's Why Energy Services of America (NASDAQ:ESOA) Can Manage Its Debt Responsibly
Mar 25Recent updates
Energy Services of America Corporation's (NASDAQ:ESOA) Price Is Right But Growth Is Lacking After Shares Rocket 26%
Dec 20These 4 Measures Indicate That Energy Services of America (NASDAQ:ESOA) Is Using Debt Extensively
Dec 06Calculating The Fair Value Of Energy Services of America Corporation (NASDAQ:ESOA)
Aug 16Is Energy Services of America (NASDAQ:ESOA) Using Too Much Debt?
Feb 11Further Upside For Energy Services of America Corporation (NASDAQ:ESOA) Shares Could Introduce Price Risks After 25% Bounce
Aug 16Energy Services of America GAAP EPS of $0.10, revenue of $51.2M
Aug 15A Look At The Fair Value Of Energy Services of America Corporation (NASDAQ:ESOA)
Jul 26Energy Services of America climbs 8% on announcing buyback for up to 1M shares of common stock
Jul 07We Believe Energy Services of America's (NASDAQ:ESOA) Earnings Are A Poor Guide For Its Profitability
May 21Do Energy Services of America's (NASDAQ:ESOA) Earnings Warrant Your Attention?
May 04Here's Why Energy Services of America (NASDAQ:ESOA) Can Manage Its Debt Responsibly
Mar 25Financial Position Analysis
Short Term Liabilities: ESOA's short term assets ($89.8M) exceed its short term liabilities ($74.4M).
Long Term Liabilities: ESOA's short term assets ($89.8M) exceed its long term liabilities ($26.4M).
Debt to Equity History and Analysis
Debt Level: ESOA's net debt to equity ratio (76.9%) is considered high.
Reducing Debt: ESOA's debt to equity ratio has increased from 75.8% to 108.5% over the past 5 years.
Debt Coverage: ESOA's debt is well covered by operating cash flow (57.8%).
Interest Coverage: ESOA's interest payments on its debt are well covered by EBIT (6.4x coverage).