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
No updates
Recent updates
Financial 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