Exro Technologies Balance Sheet Health
Financial Health criteria checks 5/6
Exro Technologies has a total shareholder equity of CA$32.6M and total debt of CA$12.1M, which brings its debt-to-equity ratio to 37.3%. Its total assets and total liabilities are CA$60.1M and CA$27.6M respectively.
Key information
37.3%
Debt to equity ratio
CA$12.14m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$6.24m |
| Equity | CA$32.57m |
| Total liabilities | CA$27.57m |
| Total assets | CA$60.14m |
Financial Position Analysis
Short Term Liabilities: EXRO's short term assets (CA$18.5M) exceed its short term liabilities (CA$10.2M).
Long Term Liabilities: EXRO's short term assets (CA$18.5M) exceed its long term liabilities (CA$17.4M).
Debt to Equity History and Analysis
Debt Level: EXRO's net debt to equity ratio (18.1%) is considered satisfactory.
Reducing Debt: EXRO's debt to equity ratio has increased from 0% to 37.3% 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: EXRO has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: EXRO is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.