Ecofibre Balance Sheet Health
Financial Health criteria checks 2/6
Ecofibre has a total shareholder equity of A$30.6M and total debt of A$25.2M, which brings its debt-to-equity ratio to 82.3%. Its total assets and total liabilities are A$73.2M and A$42.6M respectively.
Key information
82.3%
Debt to equity ratio
AU$25.18m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$1.85m |
| Equity | AU$30.62m |
| Total liabilities | AU$42.58m |
| Total assets | AU$73.19m |
Recent financial health updates
Is Ecofibre (ASX:EOF) Using Too Much Debt?
Apr 13
Does Ecofibre (ASX:EOF) Have A Healthy Balance Sheet?
Sep 29Is Ecofibre (ASX:EOF) A Risky Investment?
Jun 22We Think Ecofibre (ASX:EOF) Has A Fair Chunk Of Debt
Oct 29Would Ecofibre (ASX:EOF) Be Better Off With Less Debt?
Mar 05Ecofibre (ASX:EOF) Has Debt But No Earnings; Should You Worry?
Mar 31Recent updates
Ecofibre Limited (ASX:EOF) Might Not Be As Mispriced As It Looks After Plunging 39%
Apr 24Is Ecofibre (ASX:EOF) Using Too Much Debt?
Apr 13Lacklustre Performance Is Driving Ecofibre Limited's (ASX:EOF) 28% Price Drop
Feb 20Ecofibre Limited's (ASX:EOF) Shares Bounce 30% But Its Business Still Trails The Industry
Jan 03Does Ecofibre (ASX:EOF) Have A Healthy Balance Sheet?
Sep 29Is Ecofibre (ASX:EOF) A Risky Investment?
Jun 22We Think Ecofibre (ASX:EOF) Has A Fair Chunk Of Debt
Oct 29Would Ecofibre (ASX:EOF) Be Better Off With Less Debt?
Mar 05One Forecaster Is Now More Bearish On Ecofibre Limited (ASX:EOF) Than They Used To Be
Jun 04Ecofibre (ASX:EOF) Has Debt But No Earnings; Should You Worry?
Mar 31Would Shareholders Who Purchased Ecofibre's (ASX:EOF) Stock Year Be Happy With The Share price Today?
Mar 05We Wouldn't Rely On Ecofibre's (ASX:EOF) Statutory Earnings As A Guide
Feb 07What You Need To Know About Ecofibre Limited's (ASX:EOF) Investor Composition
Jan 04
Should You Be Excited About Ecofibre Limited's (ASX:EOF) 21% Return On Equity?
Dec 14Ecofibre's (ASX:EOF) Stock Price Has Reduced 49% In The Past Year
Nov 26Financial Position Analysis
Short Term Liabilities: EOF's short term assets (A$39.4M) exceed its short term liabilities (A$21.6M).
Long Term Liabilities: EOF's short term assets (A$39.4M) exceed its long term liabilities (A$21.0M).
Debt to Equity History and Analysis
Debt Level: EOF's net debt to equity ratio (76.2%) is considered high.
Reducing Debt: EOF's debt to equity ratio has increased from 35.8% to 82.3% 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: EOF has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: EOF has less than a year of cash runway if free cash flow continues to reduce at historical rates of 10.1% each year