Eastern Platinum Balance Sheet Health
Financial Health criteria checks 5/6
Eastern Platinum has a total shareholder equity of $87.7M and total debt of $930.0K, which brings its debt-to-equity ratio to 1.1%. Its total assets and total liabilities are $160.8M and $73.1M respectively. Eastern Platinum's EBIT is $18.5M making its interest coverage ratio 4.5. It has cash and short-term investments of $21.3M.
Key information
1.1%
Debt to equity ratio
US$930.00k
Debt
Interest coverage ratio | 4.5x |
Cash | US$21.35m |
Equity | US$87.67m |
Total liabilities | US$73.11m |
Total assets | US$160.77m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EPS's short term assets ($53.5M) do not cover its short term liabilities ($69.0M).
Long Term Liabilities: EPS's short term assets ($53.5M) exceed its long term liabilities ($4.1M).
Debt to Equity History and Analysis
Debt Level: EPS has more cash than its total debt.
Reducing Debt: EPS's debt to equity ratio has reduced from 38.9% to 1.1% over the past 5 years.
Debt Coverage: EPS's debt is well covered by operating cash flow (2031%).
Interest Coverage: EPS's interest payments on its debt are well covered by EBIT (4.5x coverage).