Electro-Sensors Balance Sheet Health

Financial Health criteria checks 6/6

Electro-Sensors has a total shareholder equity of $13.8M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $14.4M and $690.0K respectively. Electro-Sensors's EBIT is $14.0K making its interest coverage ratio -0. It has cash and short-term investments of $9.9M.

Key information

Debt to equity ratio

US$0

Debt

Interest coverage ratio	-0.03x
Cash	US$9.93m
Equity	US$13.76m
Total liabilities	US$690.00k
Total assets	US$14.45m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: ELSE's short term assets ($13.1M) exceed its short term liabilities ($690.0K).

Long Term Liabilities: ELSE has no long term liabilities.

Debt to Equity History and Analysis

Debt Level: ELSE is debt free.

Reducing Debt: ELSE had no debt 5 years ago.

Debt Coverage: ELSE has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: ELSE has no debt, therefore coverage of interest payments is not a concern.

Electro-Sensors Balance Sheet Health

Financial Health criteria checks 6/6

Key information

Recent financial health updates

Recent updates

Electro-Sensors, Inc., Annual General Meeting, Apr 24, 2024

Third quarter 2023 earnings released: EPS: US$0.002 (vs US$0.036 in 3Q 2022)

Second quarter 2023 earnings released: EPS: US$0.034 (vs US$0.084 loss in 2Q 2022)

First quarter 2023 earnings released: US$0.013 loss per share (vs US$0.003 loss in 1Q 2022)

Insufficient new directors

Mobile X Global, Inc. cancelled the acquisition of Electro-Sensors, Inc. (NasdaqCM:ELSE) from Directors, officers, major shareholders and others in a reverse merger transaction.

Insufficient new directors

Insider recently sold US$881k worth of stock

Second quarter 2022 earnings released: US$0.084 loss per share (vs US$0.063 profit in 2Q 2021)

Electro-Sensors GAAP EPS of -$0.08, revenue of $2.56M

Mobile X Global, Inc. entered into definitive agreement to acquire Electro-Sensors, Inc. (NasdaqCM:ELSE) from Directors, officers, major shareholders and others in a reverse merger transaction.

Mobile X Global, Inc. entered into definitive agreement to acquire Electro-Sensors, Inc. (NasdaqCM:ELSE) from Directors, officers, major shareholders and others in a reverse merger transaction.

Investor sentiment improved over the past week

First quarter 2022 earnings released: US$0.003 loss per share (vs US$0.001 loss in 1Q 2021)

Insufficient new directors

Full year 2021 earnings released: EPS: US$0.12 (vs US$0.037 loss in FY 2020)

Electro-Sensors, Inc., Annual General Meeting, Apr 20, 2022

Calculating The Fair Value Of Electro-Sensors, Inc. (NASDAQ:ELSE)

Insider recently bought US$1.2m worth of stock

Activist Investing Discloses its Views on Electro-Sensors

Returns At Electro-Sensors (NASDAQ:ELSE) Are On The Way Up

Third quarter 2021 earnings released: EPS US$0.002 (vs US$0.014 loss in 3Q 2020)

Electro-Sensors (NASDAQ:ELSE) Is Experiencing Growth In Returns On Capital

Second quarter 2021 earnings released: EPS US$0.063 (vs US$0.005 in 2Q 2020)

First quarter 2021 earnings released: US$0.001 loss per share (vs US$0.027 loss in 1Q 2020)

Calculating The Intrinsic Value Of Electro-Sensors, Inc. (NASDAQ:ELSE)

Full year 2020 earnings released: US$0.037 loss per share (vs US$0.055 profit in FY 2019)

New 90-day high: US$6.64

New 90-day high: US$4.95

Here's What We Learned About The CEO Pay At Electro-Sensors, Inc. (NASDAQ:ELSE)

Third quarter 2020 earnings released: US$0.014 loss per share

New 90-day high: US$8.50

First half earnings released

New 90-day high - US$3.88

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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