Exro Technologies Balance Sheet Health
Financial Health criteria checks 1/6
Exro Technologies has a total shareholder equity of CA$45.3M and total debt of CA$94.2M, which brings its debt-to-equity ratio to 207.8%. Its total assets and total liabilities are CA$189.9M and CA$144.6M respectively.
Key information
207.8%
Debt to equity ratio
CA$94.22m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$14.04m |
| Equity | CA$45.34m |
| Total liabilities | CA$144.56m |
| Total assets | CA$189.91m |
Financial Position Analysis
Short Term Liabilities: EXRO's short term assets (CA$51.0M) exceed its short term liabilities (CA$42.8M).
Long Term Liabilities: EXRO's short term assets (CA$51.0M) do not cover its long term liabilities (CA$101.8M).
Debt to Equity History and Analysis
Debt Level: EXRO's net debt to equity ratio (176.8%) is considered high.
Reducing Debt: EXRO's debt to equity ratio has increased from 0% to 207.8% 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 less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: EXRO has less than a year of cash runway if free cash flow continues to reduce at historical rates of 43.1% each year