EcoSynthetix Balance Sheet Health
Financial Health criteria checks 6/6
EcoSynthetix has a total shareholder equity of $39.7M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $41.6M and $1.9M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$33.20m |
| Equity | US$39.67m |
| Total liabilities | US$1.95m |
| Total assets | US$41.61m |
Recent financial health updates
Companies Like EcoSynthetix (TSE:ECO) Are In A Position To Invest In Growth
Oct 26
EcoSynthetix (TSE:ECO) Is In A Good Position To Deliver On Growth Plans
May 25We're Not Worried About EcoSynthetix's (TSE:ECO) Cash Burn
Oct 15We're Interested To See How EcoSynthetix (TSE:ECO) Uses Its Cash Hoard To Grow
Feb 12Here's Why We're Not At All Concerned With EcoSynthetix's (TSE:ECO) Cash Burn Situation
Apr 16Recent updates
EcoSynthetix Inc.'s (TSE:ECO) P/S Is Still On The Mark Following 28% Share Price Bounce
Feb 27Companies Like EcoSynthetix (TSE:ECO) Are In A Position To Invest In Growth
Oct 26EcoSynthetix Inc. (TSE:ECO) Not Flying Under The Radar
Jun 29EcoSynthetix (TSE:ECO) Is In A Good Position To Deliver On Growth Plans
May 25We're Not Worried About EcoSynthetix's (TSE:ECO) Cash Burn
Oct 15We're Interested To See How EcoSynthetix (TSE:ECO) Uses Its Cash Hoard To Grow
Feb 12We Think EcoSynthetix Inc.'s (TSE:ECO) CEO Compensation Looks Fair
May 11Here's Why We're Not At All Concerned With EcoSynthetix's (TSE:ECO) Cash Burn Situation
Apr 16Announcing: EcoSynthetix (TSE:ECO) Stock Increased An Energizing 292% In The Last Five Years
Feb 23Financial Position Analysis
Short Term Liabilities: ECO's short term assets ($37.3M) exceed its short term liabilities ($1.9M).
Long Term Liabilities: ECO's short term assets ($37.3M) exceed its long term liabilities ($84.7K).
Debt to Equity History and Analysis
Debt Level: ECO is debt free.
Reducing Debt: ECO has not had any debt for past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: ECO has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: ECO has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 14.2% each year