Earth Science Tech Balance Sheet Health
Financial Health criteria checks 3/6
Earth Science Tech has a total shareholder equity of $2.2M and total debt of $246.0K, which brings its debt-to-equity ratio to 11.4%. Its total assets and total liabilities are $3.2M and $1.1M respectively.
Key information
11.4%
Debt to equity ratio
US$245.99k
Debt
Interest coverage ratio | n/a |
Cash | US$205.72k |
Equity | US$2.16m |
Total liabilities | US$1.09m |
Total assets | US$3.25m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ETST's short term assets ($714.0K) do not cover its short term liabilities ($825.2K).
Long Term Liabilities: ETST's short term assets ($714.0K) exceed its long term liabilities ($261.1K).
Debt to Equity History and Analysis
Debt Level: ETST's net debt to equity ratio (1.9%) is considered satisfactory.
Reducing Debt: ETST's debt to equity ratio has reduced from 118.1% to 11.4% over the past 5 years.
Debt Coverage: ETST's debt is not well covered by operating cash flow (5.9%).
Interest Coverage: Insufficient data to determine if ETST's interest payments on its debt are well covered by EBIT.