Eden Innovations Balance Sheet Health
Financial Health criteria checks 3/6
Eden Innovations has a total shareholder equity of A$4.0M and total debt of A$12.8M, which brings its debt-to-equity ratio to 321.6%. Its total assets and total liabilities are A$19.1M and A$15.1M respectively.
Key information
321.6%
Debt to equity ratio
AU$12.79m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$975.20k |
| Equity | AU$3.98m |
| Total liabilities | AU$15.10m |
| Total assets | AU$19.07m |
Recent financial health updates
Is Eden Innovations (ASX:EDE) Using Too Much Debt?
Jun 06
Is Eden Innovations (ASX:EDE) Using Too Much Debt?
Sep 02Here's Why Eden Innovations (ASX:EDE) Can Afford Some Debt
Sep 02Here's Why Eden Innovations (ASX:EDE) Can Afford Some Debt
Mar 01Would Eden Innovations (ASX:EDE) Be Better Off With Less Debt?
Sep 01Eden Innovations (ASX:EDE) Has Debt But No Earnings; Should You Worry?
Mar 16Recent updates
Is Eden Innovations (ASX:EDE) Using Too Much Debt?
Jun 06Is Eden Innovations (ASX:EDE) Using Too Much Debt?
Sep 02Here's Why Eden Innovations (ASX:EDE) Can Afford Some Debt
Sep 02Here's Why Eden Innovations (ASX:EDE) Can Afford Some Debt
Mar 01Would Eden Innovations (ASX:EDE) Be Better Off With Less Debt?
Sep 01Eden Innovations (ASX:EDE) Has Debt But No Earnings; Should You Worry?
Mar 16Eden Innovations'(ASX:EDE) Share Price Is Down 78% Over The Past Three Years.
Jan 22
Financial Position Analysis
Short Term Liabilities: EDE's short term assets (A$6.2M) do not cover its short term liabilities (A$15.0M).
Long Term Liabilities: EDE's short term assets (A$6.2M) exceed its long term liabilities (A$74.9K).
Debt to Equity History and Analysis
Debt Level: EDE's net debt to equity ratio (297%) is considered high.
Reducing Debt: EDE's debt to equity ratio has increased from 4.8% to 321.6% 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: EDE has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: EDE is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.