Earth Science Tech Balance Sheet Health
Financial Health criteria checks 6/6
Earth Science Tech has a total shareholder equity of $3.2M and total debt of $79.1K, which brings its debt-to-equity ratio to 2.5%. Its total assets and total liabilities are $5.0M and $1.8M respectively. Earth Science Tech's EBIT is $3.4M making its interest coverage ratio 137.6. It has cash and short-term investments of $1.6M.
Key information
2.5%
Debt to equity ratio
US$79.11k
Debt
| Interest coverage ratio | 137.6x |
| Cash | US$1.55m |
| Equity | US$3.20m |
| Total liabilities | US$1.85m |
| Total assets | US$5.05m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ETST's short term assets ($2.3M) exceed its short term liabilities ($1.7M).
Long Term Liabilities: ETST's short term assets ($2.3M) exceed its long term liabilities ($149.2K).
Debt to Equity History and Analysis
Debt Level: ETST has more cash than its total debt.
Reducing Debt: ETST had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: ETST's debt is well covered by operating cash flow (3736.7%).
Interest Coverage: ETST's interest payments on its debt are well covered by EBIT (137.6x coverage).