Esh Acquisition Financials
This page shows Esh Acquisition (ESHAR) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 3 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2024 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →
Health score ≠ stock price. This rates the quality of Esh Acquisition's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Esh Acquisition has elevated debt relative to equity (D/E of 55.91), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 0/100, reflecting increased financial risk.
Esh Acquisition's current ratio of 0.90 is below the typical benchmark, resulting in a score of 13/100. However, the company holds substantial cash reserves (81% of current liabilities), which buffers actual liquidity risk. Large mature operators often run tight current ratios by design.
Esh Acquisition earns a strong 2211.9% return on equity (ROE), meaning it generates $2212 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 100/100. This is up from 87.5% the prior year.
Esh Acquisition passes 2 of 9 financial strength tests. 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution).
For every $1 of reported earnings, Esh Acquisition generates $-0.57 in operating cash flow (-$2.2M OCF vs $3.9M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Key Financial Metrics
Earnings & Revenue
Esh Acquisition reported $3.9M in net income in fiscal year 2024. This represents an increase of 99.2% from the prior year.
Cash & Balance Sheet
Esh Acquisition held $1.3M in cash against $0 in long-term debt as of fiscal year 2024.
Margins & Returns
Esh Acquisition's ROE was 2211.9% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is up 2124.4 percentage points from the prior year.
Capital Allocation
Esh Acquisition spent $115.7M on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding.
ESHAR Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $853K-22.6% | $1.1M+302.0% | $274K | N/A | $157K-13.1% | $180K-15.5% | $214K | N/A |
| Operating Income | -$877K+22.0% | -$1.1M-273.0% | -$302K | N/A | -$207K+10.3% | -$230K+12.8% | -$264K | N/A |
| Interest Expense | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Tax | $13K+1.1% | $13K+7.8% | $12K | N/A | $323K+0.8% | $320K+97.6% | $162K | N/A |
| Net Income | -$802K+23.7% | -$1.1M-362.0% | -$228K | N/A | $1.1M+3.9% | $1.0M-10.5% | $1.1M | N/A |
| EPS (Diluted) | N/A | N/A | N/A | N/A | $0.070.0% | $0.07 | N/A | N/A |
ESHAR Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $8.8M-2.2% | $9.0M-7.3% | $9.7M-2.4% | $10.0M-92.1% | $125.6M+1.0% | $124.3M+0.4% | $123.7M+1.2% | $122.3M |
| Current Assets | $277K-54.9% | $615K-58.6% | $1.5M-0.5% | $1.5M-16.5% | $1.8M-14.5% | $2.1M-1.4% | $2.1M-3.8% | $2.2M |
| Cash & Equivalents | $136K-73.8% | $518K-43.9% | $923K-31.4% | $1.3M-7.8% | $1.5M-10.3% | $1.6M-10.6% | $1.8M-3.1% | $1.9M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $11.1M+7.1% | $10.4M+4.8% | $9.9M+1.2% | $9.8M-92.1% | $123.9M+1.2% | $122.5M+0.6% | $121.7M+1.4% | $120.1M |
| Current Liabilities | $2.6M+30.3% | $2.0M+20.8% | $1.6M-0.8% | $1.7M+54.7% | $1.1M+26.9% | $844K-35.6% | $1.3M+26.1% | $1.0M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | -$2.3M-68.8% | -$1.4M-638.9% | -$185K-205.7% | $175K-89.6% | $1.7M-8.3% | $1.8M-8.3% | $2.0M-9.6% | $2.2M |
| Retained Earnings | -$2.3M-68.8% | -$1.4M-637.8% | -$186K-206.1% | $175K-89.6% | $1.7M-8.3% | $1.8M-8.3% | $2.0M+4.4% | $1.9M |
ESHAR Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$579K+9.8% | -$642K-67.5% | -$383K+63.0% | -$1.0M-375.5% | -$218K+77.9% | -$985K-5001.8% | $20K+122.5% | -$89K |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investing Cash Flow | -$49K+34.2% | -$74K-123.2% | $320K-99.7% | $116.5M | $0 | N/A | N/A | $0 |
| Financing Cash Flow | $200K | $0+100.0% | -$3K+100.0% | -$115.7M | $0 | $0+100.0% | -$79K | $0 |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
ESHAR Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Equity | N/A | N/A | N/A | N/A | 62.6%+7.3pp | 55.3%-1.3pp | 56.6% | N/A |
| Return on Assets | -9.1%+2.6pp | -11.7%-9.3pp | -2.3% | N/A | 0.8%+0.0pp | 0.8%-0.1pp | 0.9% | N/A |
| Current Ratio | 0.11-0.2 | 0.31-0.6 | 0.900.0 | 0.90-0.8 | 1.67-0.8 | 2.48+0.9 | 1.62-0.5 | 2.12 |
| Debt-to-Equity | -4.82+2.8 | -7.59+45.9 | -53.53-109.4 | 55.91-17.4 | 73.27+6.8 | 66.43+5.9 | 60.54+6.5 | 54.00 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Note: The current ratio is below 1.0 (0.90), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Frequently Asked Questions
Is Esh Acquisition profitable?
Yes, Esh Acquisition (ESHAR) reported a net income of $3.9M in fiscal year 2024.
What is Esh Acquisition's return on equity (ROE)?
Esh Acquisition (ESHAR) has a return on equity of 2211.9% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is Esh Acquisition's operating cash flow?
Esh Acquisition (ESHAR) generated -$2.2M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Esh Acquisition's total assets?
Esh Acquisition (ESHAR) had $10.0M in total assets as of fiscal year 2024, including both current and long-term assets.
What is Esh Acquisition's current ratio?
Esh Acquisition (ESHAR) had a current ratio of 0.90 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.
What is Esh Acquisition's debt-to-equity ratio?
Esh Acquisition (ESHAR) had a debt-to-equity ratio of 55.91 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Esh Acquisition's return on assets (ROA)?
Esh Acquisition (ESHAR) had a return on assets of 38.9% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Esh Acquisition's cash runway?
Based on fiscal year 2024 data, Esh Acquisition (ESHAR) had $1.3M in cash against an annual operating cash burn of $2.2M. This gives an estimated cash runway of approximately 7 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
What is Esh Acquisition's Piotroski F-Score?
Esh Acquisition (ESHAR) has a Piotroski F-Score of 2 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Esh Acquisition's earnings high quality?
Esh Acquisition (ESHAR) has an earnings quality ratio of -0.57x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Esh Acquisition?
Esh Acquisition (ESHAR) scores 19 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.