Energy Technologies Balance Sheet Health
Financial Health criteria checks 2/6
Energy Technologies has a total shareholder equity of A$3.7M and total debt of A$11.7M, which brings its debt-to-equity ratio to 313.9%. Its total assets and total liabilities are A$21.3M and A$17.6M respectively.
Key information
313.9%
Debt to equity ratio
AU$11.70m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$49.00k |
| Equity | AU$3.73m |
| Total liabilities | AU$17.55m |
| Total assets | AU$21.28m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EGY's short term assets (A$8.4M) do not cover its short term liabilities (A$14.2M).
Long Term Liabilities: EGY's short term assets (A$8.4M) exceed its long term liabilities (A$3.3M).
Debt to Equity History and Analysis
Debt Level: EGY's net debt to equity ratio (312.6%) is considered high.
Reducing Debt: EGY had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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 less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: EGY has less than a year of cash runway if free cash flow continues to reduce at historical rates of 17.9% each year