Emerald Holding Balance Sheet Health
Financial Health criteria checks 3/6
Emerald Holding has a total shareholder equity of $391.1M and total debt of $402.8M, which brings its debt-to-equity ratio to 103%. Its total assets and total liabilities are $1.1B and $668.7M respectively. Emerald Holding's EBIT is $65.7M making its interest coverage ratio 1.7. It has cash and short-term investments of $188.9M.
Key information
103.0%
Debt to equity ratio
US$402.80m
Debt
| Interest coverage ratio | 1.7x |
| Cash | US$188.90m |
| Equity | US$391.10m |
| Total liabilities | US$668.70m |
| Total assets | US$1.06b |
Recent financial health updates
Emerald Holding (NYSE:EEX) Seems To Use Debt Quite Sensibly
Jul 16
These 4 Measures Indicate That Emerald Holding (NYSE:EEX) Is Using Debt Extensively
Oct 20Health Check: How Prudently Does Emerald Holding (NYSE:EEX) Use Debt?
Mar 14Is Emerald Holding (NYSE:EEX) Using Debt Sensibly?
Aug 11Does Emerald Holding (NYSE:EEX) Have A Healthy Balance Sheet?
Apr 21Emerald Holding (NYSE:EEX) Has Debt But No Earnings; Should You Worry?
Dec 15Recent updates
Calculating The Intrinsic Value Of Emerald Holding, Inc. (NYSE:EEX)
Oct 12Why Investors Shouldn't Be Surprised By Emerald Holding, Inc.'s (NYSE:EEX) P/S
Sep 22Emerald Holding's (NYSE:EEX) Returns Have Hit A Wall
Aug 27Is There Now An Opportunity In Emerald Holding, Inc. (NYSE:EEX)?
Aug 06Emerald Holding (NYSE:EEX) Seems To Use Debt Quite Sensibly
Jul 16Emerald Holding, Inc.'s (NYSE:EEX) Popularity With Investors Is Clear
May 30Emerald Holding (NYSE:EEX) Has Some Difficulty Using Its Capital Effectively
Mar 01Risks To Shareholder Returns Are Elevated At These Prices For Emerald Holding, Inc. (NYSE:EEX)
Dec 27Emerald Holding Aims For Advertising Segment Revamp
Dec 08These 4 Measures Indicate That Emerald Holding (NYSE:EEX) Is Using Debt Extensively
Oct 20Emerald Holding's (NYSE:EEX) Returns On Capital Not Reflecting Well On The Business
Sep 29Emerald: New Consumer Live Events And Economies Of Scale Imply Undervaluation
Aug 21What Does Emerald Holding, Inc.'s (NYSE:EEX) Share Price Indicate?
Jun 03Health Check: How Prudently Does Emerald Holding (NYSE:EEX) Use Debt?
Mar 14Shareholders Can Be Confident That Emerald Holding's (NYSE:EEX) Earnings Are High Quality
Nov 16Emerald Expositions GAAP EPS of $0.41, revenue of $62.4M
Nov 03Emerald receives $149.25M in final proceeds from insurance litigation settlement
Sep 14Is Emerald Holding (NYSE:EEX) Using Debt Sensibly?
Aug 11Emerald acquires wholesale marketplace, Bulletin
Jul 13Does Emerald Holding (NYSE:EEX) Have A Healthy Balance Sheet?
Apr 21Calculating The Fair Value Of Emerald Holding, Inc. (NYSE:EEX)
Jan 12Emerald Holding (NYSE:EEX) Has Debt But No Earnings; Should You Worry?
Dec 15Is Emerald Holding (NYSE:EEX) Using Debt In A Risky Way?
Aug 25Emerald Expositions misses on revenue
Apr 30Does Emerald Holding (NYSE:EEX) Have A Healthy Balance Sheet?
Apr 06Emerald acquires PlumRiver to expand digital commerce capabilities
Jan 06A Look At Emerald Holding's (NYSE:EEX) Share Price Returns
Dec 24
Financial Position Analysis
Short Term Liabilities: EEX's short term assets ($312.3M) exceed its short term liabilities ($246.5M).
Long Term Liabilities: EEX's short term assets ($312.3M) do not cover its long term liabilities ($422.2M).
Debt to Equity History and Analysis
Debt Level: EEX's net debt to equity ratio (54.7%) is considered high.
Reducing Debt: EEX's debt to equity ratio has increased from 74.5% to 103% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable EEX has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: EEX is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 0.6% per year.