Emerald Resources Balance Sheet Health
Financial Health criteria checks 5/6
Emerald Resources has a total shareholder equity of A$558.0M and total debt of A$47.2M, which brings its debt-to-equity ratio to 8.5%. Its total assets and total liabilities are A$712.4M and A$154.5M respectively. Emerald Resources's EBIT is A$158.9M making its interest coverage ratio 18.6. It has cash and short-term investments of A$144.6M.
Key information
8.5%
Debt to equity ratio
AU$47.19m
Debt
| Interest coverage ratio | 18.6x |
| Cash | AU$144.60m |
| Equity | AU$557.97m |
| Total liabilities | AU$154.45m |
| Total assets | AU$712.42m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EOGS.F's short term assets (A$203.1M) exceed its short term liabilities (A$119.5M).
Long Term Liabilities: EOGS.F's short term assets (A$203.1M) exceed its long term liabilities (A$34.9M).
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 8.5% over the past 5 years.
Debt Coverage: EOGS.F's debt is well covered by operating cash flow (331.4%).
Interest Coverage: EOGS.F's interest payments on its debt are well covered by EBIT (18.6x coverage).