Energy Technologies Balance Sheet Health
Financial Health criteria checks 2/6
Energy Technologies has a total shareholder equity of A$-1.4M and total debt of A$16.5M, which brings its debt-to-equity ratio to -1158.2%. Its total assets and total liabilities are A$21.0M and A$22.4M respectively.
Key information
-1,158.2%
Debt to equity ratio
AU$16.54m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$193.20k |
| Equity | -AU$1.43m |
| Total liabilities | AU$22.42m |
| Total assets | AU$20.99m |
Recent financial health updates
Recent updates
What Energy Technologies Limited's (ASX:EGY) P/S Is Not Telling You
Jan 04
Energy Technologies Limited's (ASX:EGY) Popularity With Investors Under Threat As Stock Sinks 26%
Sep 14Does Energy Technologies (ASX:EGY) Have A Healthy Balance Sheet?
Apr 19A Quick Analysis On Energy Technologies' (ASX:EGY) CEO Compensation
Feb 21Are Insiders Buying Energy Technologies Limited (ASX:EGY) Stock?
Dec 30
Anthony Smith Is The Non-Executive Director of Energy Technologies Limited (ASX:EGY) And They Just Picked Up 126% More Shares
Dec 30Financial Position Analysis
Short Term Liabilities: EGY has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: EGY has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: EGY has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: EGY's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: EGY has sufficient cash runway for 0 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: EGY is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.