Ecofibre Balance Sheet Health
Financial Health criteria checks 2/6
Ecofibre has a total shareholder equity of A$41.0M and total debt of A$25.5M, which brings its debt-to-equity ratio to 62.2%. Its total assets and total liabilities are A$71.2M and A$30.3M respectively.
Key information
62.2%
Debt to equity ratio
AU$25.49m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$6.74m |
| Equity | AU$40.97m |
| Total liabilities | AU$30.28m |
| Total assets | AU$71.25m |
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's (ASX:EOF) Price Is Right But Growth Is Lacking After Shares Rocket 30%
Oct 03Ecofibre Limited (ASX:EOF) Not Doing Enough For Some Investors As Its Shares Slump 33%
Aug 19Benign Growth For Ecofibre Limited (ASX:EOF) Underpins Stock's 41% Plummet
Jun 20Ecofibre 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$37.4M) exceed its short term liabilities (A$20.8M).
Long Term Liabilities: EOF's short term assets (A$37.4M) exceed its long term liabilities (A$9.5M).
Debt to Equity History and Analysis
Debt Level: EOF's net debt to equity ratio (45.8%) is considered high.
Reducing Debt: EOF's debt to equity ratio has increased from 3.2% to 62.2% 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 10.4% each year