EuroSite Power Balance Sheet Health
Financial Health criteria checks 6/6
EuroSite Power has a total shareholder equity of $10.2M and total debt of $1.1M, which brings its debt-to-equity ratio to 10.5%. Its total assets and total liabilities are $12.0M and $1.7M respectively. EuroSite Power's EBIT is $645.3K making its interest coverage ratio 13.7. It has cash and short-term investments of $2.9M.
Key information
10.5%
Debt to equity ratio
US$1.08m
Debt
Interest coverage ratio | 13.7x |
Cash | US$2.87m |
Equity | US$10.24m |
Total liabilities | US$1.74m |
Total assets | US$11.98m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EUSP's short term assets ($4.6M) exceed its short term liabilities ($1.0M).
Long Term Liabilities: EUSP's short term assets ($4.6M) exceed its long term liabilities ($730.3K).
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 10.7% to 10.5% over the past 5 years.
Debt Coverage: EUSP's debt is well covered by operating cash flow (137.1%).
Interest Coverage: EUSP's interest payments on its debt are well covered by EBIT (13.7x coverage).