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 ratio | 0.03x |
| Cash | US$6.16m |
| Equity | -US$48.08m |
| Total liabilities | US$886.34m |
| Total assets | US$838.26m |
Recent financial health updates
Does Energy World (ASX:EWC) Have A Healthy Balance Sheet?
Aug 31
Is Energy World (ASX:EWC) Using Too Much Debt?
Mar 05Recent updates
Does Energy World (ASX:EWC) Have A Healthy Balance Sheet?
Aug 31The Returns On Capital At Energy World (ASX:EWC) Don't Inspire Confidence
Jun 18Is Energy World (ASX:EWC) Using Too Much Debt?
Mar 05Energy World (ASX:EWC) Could Be Struggling To Allocate Capital
Aug 11Estimating The Fair Value Of Energy World Corporation Ltd (ASX:EWC)
Oct 11Is Energy World Corporation Ltd's (ASX:EWC) Shareholder Ownership Skewed Towards Insiders?
Mar 09Returns On Capital At Energy World (ASX:EWC) Paint An Interesting Picture
Feb 11A Look At Energy World's (ASX:EWC) Share Price Returns
Jan 21
How Much is Energy World's (ASX:EWC) CEO Getting Paid?
Dec 30Financial 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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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 22:20 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Energy World Corporation Ltd is covered by 3 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Asit Sen | Madison Williams and Company LLC |
| Luke Smith | NWM Strategy |
| Gajanan Polawar | Virtua Research Inc. |