Eden Innovations Balance Sheet Health
Financial Health criteria checks 1/6
Eden Innovations has a total shareholder equity of A$7.4M and total debt of A$10.7M, which brings its debt-to-equity ratio to 145%. Its total assets and total liabilities are A$19.9M and A$12.5M respectively.
Key information
145.0%
Debt to equity ratio
AU$10.71m
Debt
Interest coverage ratio | n/a |
Cash | AU$1.42m |
Equity | AU$7.38m |
Total liabilities | AU$12.51m |
Total assets | AU$19.89m |
Recent financial health updates
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?
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 22Financial Position Analysis
Short Term Liabilities: EDE's short term assets (A$6.9M) do not cover its short term liabilities (A$12.4M).
Long Term Liabilities: EDE's short term assets (A$6.9M) exceed its long term liabilities (A$119.6K).
Debt to Equity History and Analysis
Debt Level: EDE's net debt to equity ratio (125.8%) is considered high.
Reducing Debt: EDE's debt to equity ratio has increased from 5.8% to 145% 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 less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: EDE has less than a year of cash runway if free cash flow continues to grow at historical rates of 16.8% each year.