Environmental Clean Technologies Balance Sheet Health
Financial Health criteria checks 3/6
Environmental Clean Technologies has a total shareholder equity of A$3.3M and total debt of A$984.0K, which brings its debt-to-equity ratio to 29.6%. Its total assets and total liabilities are A$7.0M and A$3.7M respectively.
Key information
29.6%
Debt to equity ratio
AU$984.00k
Debt
Interest coverage ratio | n/a |
Cash | AU$1.40m |
Equity | AU$3.32m |
Total liabilities | AU$3.69m |
Total assets | AU$7.01m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ECT's short term assets (A$2.1M) exceed its short term liabilities (A$1.6M).
Long Term Liabilities: ECT's short term assets (A$2.1M) do not cover its long term liabilities (A$2.1M).
Debt to Equity History and Analysis
Debt Level: ECT has more cash than its total debt.
Reducing Debt: ECT's debt to equity ratio has reduced from 32.1% to 29.6% 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: ECT has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ECT has less than a year of cash runway if free cash flow continues to reduce at historical rates of 0.5% each year