EuroSite Power Balance Sheet Health
Financial Health criteria checks 6/6
EuroSite Power has a total shareholder equity of $10.5M and total debt of $700.1K, which brings its debt-to-equity ratio to 6.7%. Its total assets and total liabilities are $11.7M and $1.2M respectively. EuroSite Power's EBIT is $279.9K making its interest coverage ratio -14.4. It has cash and short-term investments of $3.8M.
Key information
6.7%
Debt to equity ratio
US$700.08k
Debt
| Interest coverage ratio | -14.4x |
| Cash | US$3.85m |
| Equity | US$10.45m |
| Total liabilities | US$1.20m |
| Total assets | US$11.66m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EUSP's short term assets ($4.8M) exceed its short term liabilities ($776.5K).
Long Term Liabilities: EUSP's short term assets ($4.8M) exceed its long term liabilities ($424.4K).
Debt to Equity History and Analysis
Debt Level: EUSP has more cash than its total debt.
Reducing Debt: EUSP's debt to equity ratio has reduced from 12.6% to 6.7% over the past 5 years.
Debt Coverage: EUSP's debt is well covered by operating cash flow (161.4%).
Interest Coverage: EUSP earns more interest than it pays, so coverage of interest payments is not a concern.