Energy World Corporation Ltd

ASX:EWC Stock Report

Market Cap: AU$55.4m

Energy World Balance Sheet Health

Financial Health criteria checks 2/6

Energy World has a total shareholder equity of $-48.1M and total debt of $784.3M, which brings its debt-to-equity ratio to -1631.2%. Its total assets and total liabilities are $838.3M and $886.3M respectively. Energy World's EBIT is $1.4M making its interest coverage ratio 0. It has cash and short-term investments of $6.2M.

Key information

-1,631.2%

Debt to equity ratio

US$784.33m

Debt

Interest coverage ratio0.03x
CashUS$6.16m
Equity-US$48.08m
Total liabilitiesUS$886.34m
Total assetsUS$838.26m

Recent financial health updates

Recent updates

Does Energy World (ASX:EWC) Have A Healthy Balance Sheet?

Aug 31
Does Energy World (ASX:EWC) Have A Healthy Balance Sheet?

The Returns On Capital At Energy World (ASX:EWC) Don't Inspire Confidence

Jun 18
The Returns On Capital At Energy World (ASX:EWC) Don't Inspire Confidence

Is Energy World (ASX:EWC) Using Too Much Debt?

Mar 05
Is Energy World (ASX:EWC) Using Too Much Debt?

Energy World (ASX:EWC) Could Be Struggling To Allocate Capital

Aug 11
Energy World (ASX:EWC) Could Be Struggling To Allocate Capital

Estimating The Fair Value Of Energy World Corporation Ltd (ASX:EWC)

Oct 11
Estimating The Fair Value Of Energy World Corporation Ltd (ASX:EWC)

Is Energy World Corporation Ltd's (ASX:EWC) Shareholder Ownership Skewed Towards Insiders?

Mar 09
Is Energy World Corporation Ltd's (ASX:EWC) Shareholder Ownership Skewed Towards Insiders?

Returns On Capital At Energy World (ASX:EWC) Paint An Interesting Picture

Feb 11
Returns On Capital At Energy World (ASX:EWC) Paint An Interesting Picture

A Look At Energy World's (ASX:EWC) Share Price Returns

Jan 21
A Look At Energy World's (ASX:EWC) Share Price Returns

How Much is Energy World's (ASX:EWC) CEO Getting Paid?

Dec 30
How Much is Energy World's (ASX:EWC) CEO Getting Paid?

Financial Position Analysis

Short Term Liabilities: EWC has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: EWC has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: EWC has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: EWC's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


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: Whilst unprofitable EWC has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: EWC is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 16% per year.


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