EACO Balance Sheet Health
Financial Health criteria checks 6/6
EACO has a total shareholder equity of $115.9M and total debt of $4.4M, which brings its debt-to-equity ratio to 3.8%. Its total assets and total liabilities are $161.3M and $45.5M respectively. EACO's EBIT is $28.6M making its interest coverage ratio 203. It has cash and short-term investments of $5.7M.
Key information
3.8%
Debt to equity ratio
US$4.41m
Debt
Interest coverage ratio | 203x |
Cash | US$5.66m |
Equity | US$115.87m |
Total liabilities | US$45.47m |
Total assets | US$161.35m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EACO's short term assets ($119.6M) exceed its short term liabilities ($38.6M).
Long Term Liabilities: EACO's short term assets ($119.6M) exceed its long term liabilities ($6.9M).
Debt to Equity History and Analysis
Debt Level: EACO has more cash than its total debt.
Reducing Debt: EACO's debt to equity ratio has reduced from 28% to 3.8% over the past 5 years.
Debt Coverage: EACO's debt is well covered by operating cash flow (180.3%).
Interest Coverage: EACO's interest payments on its debt are well covered by EBIT (203x coverage).