Endless Solar Balance Sheet Health
Financial Health criteria checks 2/6
Endless Solar has a total shareholder equity of A$2.4M and total debt of A$1.4M, which brings its debt-to-equity ratio to 59.6%. Its total assets and total liabilities are A$4.0M and A$1.6M respectively.
Key information
59.6%
Debt to equity ratio
AU$1.41m
Debt
Interest coverage ratio | n/a |
Cash | AU$1.00 |
Equity | AU$2.37m |
Total liabilities | AU$1.59m |
Total assets | AU$3.96m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ESCLV's short term assets (A$235.4K) exceed its short term liabilities (A$208.2K).
Long Term Liabilities: ESCLV's short term assets (A$235.4K) do not cover its long term liabilities (A$1.4M).
Debt to Equity History and Analysis
Debt Level: ESCLV's net debt to equity ratio (59.6%) is considered high.
Reducing Debt: ESCLV's debt to equity ratio has reduced from 149.5% to 59.6% over the 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: ESCLV has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ESCLV has less than a year of cash runway if free cash flow continues to grow at historical rates of 32.5% each year.