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).