Energy Harbor Balance Sheet Health
Financial Health criteria checks 5/6
Energy Harbor has a total shareholder equity of $1.7B and total debt of $431.0M, which brings its debt-to-equity ratio to 24.9%. Its total assets and total liabilities are $4.9B and $3.2B respectively. Energy Harbor's EBIT is $158.0M making its interest coverage ratio 4.2. It has cash and short-term investments of $717.0M.
Key information
24.9%
Debt to equity ratio
US$431.00m
Debt
| Interest coverage ratio | 4.2x |
| Cash | US$717.00m |
| Equity | US$1.73b |
| Total liabilities | US$3.18b |
| Total assets | US$4.91b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ENGH's short term assets ($1.7B) exceed its short term liabilities ($620.0M).
Long Term Liabilities: ENGH's short term assets ($1.7B) do not cover its long term liabilities ($2.6B).
Debt to Equity History and Analysis
Debt Level: ENGH has more cash than its total debt.
Reducing Debt: ENGH had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: ENGH's debt is well covered by operating cash flow (95.8%).
Interest Coverage: ENGH's interest payments on its debt are well covered by EBIT (4.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/03/04 02:45 |
| End of Day Share Price | 2024/03/04 00:00 |
| Earnings | 2023/03/31 |
| Annual Earnings | 2022/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Energy Harbor Corp. is covered by 0 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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