Earths Energy Balance Sheet Health
Financial Health criteria checks 6/6
Earths Energy has a total shareholder equity of A$10.3M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$10.6M and A$357.4K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$4.90m |
| Equity | AU$10.26m |
| Total liabilities | AU$357.40k |
| Total assets | AU$10.62m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EE1's short term assets (A$5.0M) exceed its short term liabilities (A$357.4K).
Long Term Liabilities: EE1 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: EE1 is debt free.
Reducing Debt: EE1 had no debt 5 years ago.
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: EE1 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: EE1 has sufficient cash runway for 1.9 years if free cash flow continues to reduce at historical rates of 0.9% each year.