Emerald Resources Balance Sheet Health
Financial Health criteria checks 5/6
Emerald Resources has a total shareholder equity of A$426.5M and total debt of A$62.0M, which brings its debt-to-equity ratio to 14.5%. Its total assets and total liabilities are A$596.7M and A$170.2M respectively. Emerald Resources's EBIT is A$144.7M making its interest coverage ratio 14. It has cash and short-term investments of A$116.0M.
Key information
14.5%
Debt to equity ratio
AU$62.03m
Debt
Interest coverage ratio | 14x |
Cash | AU$116.04m |
Equity | AU$426.46m |
Total liabilities | AU$170.24m |
Total assets | AU$596.70m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EOGS.F's short term assets (A$173.7M) exceed its short term liabilities (A$122.3M).
Long Term Liabilities: EOGS.F's short term assets (A$173.7M) exceed its long term liabilities (A$47.9M).
Debt to Equity History and Analysis
Debt Level: EOGS.F has more cash than its total debt.
Reducing Debt: EOGS.F's debt to equity ratio has increased from 0% to 14.5% over the past 5 years.
Debt Coverage: EOGS.F's debt is well covered by operating cash flow (234.7%).
Interest Coverage: EOGS.F's interest payments on its debt are well covered by EBIT (14x coverage).