Environmental Clean Technologies Balance Sheet Health
Financial Health criteria checks 4/6
Environmental Clean Technologies has a total shareholder equity of A$3.4M and total debt of A$984.0K, which brings its debt-to-equity ratio to 28.7%. Its total assets and total liabilities are A$6.0M and A$2.5M respectively.
Key information
28.7%
Debt to equity ratio
AU$984.00k
Debt
| Interest coverage ratio | n/a |
| Cash | AU$762.17k |
| Equity | AU$3.42m |
| Total liabilities | AU$2.53m |
| Total assets | AU$5.95m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ECT's short term assets (A$2.4M) exceed its short term liabilities (A$1.7M).
Long Term Liabilities: ECT's short term assets (A$2.4M) exceed its long term liabilities (A$800.4K).
Debt to Equity History and Analysis
Debt Level: ECT's net debt to equity ratio (6.5%) is considered satisfactory.
Reducing Debt: ECT 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: 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 4.2% each year