Eve & Co Balance Sheet Health
Financial Health criteria checks 1/6
Eve & Co has a total shareholder equity of CA$21.1M and total debt of CA$20.2M, which brings its debt-to-equity ratio to 95.8%. Its total assets and total liabilities are CA$50.4M and CA$29.3M respectively.
Key information
95.8%
Debt to equity ratio
CA$20.21m
Debt
Interest coverage ratio | n/a |
Cash | CA$288.64k |
Equity | CA$21.10m |
Total liabilities | CA$29.30m |
Total assets | CA$50.40m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EVE.H's short term assets (CA$12.5M) do not cover its short term liabilities (CA$27.8M).
Long Term Liabilities: EVE.H's short term assets (CA$12.5M) exceed its long term liabilities (CA$1.5M).
Debt to Equity History and Analysis
Debt Level: EVE.H's net debt to equity ratio (94.4%) is considered high.
Reducing Debt: Insufficient data to determine if EVE.H's debt to equity ratio has reduced 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: EVE.H has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: EVE.H has less than a year of cash runway if free cash flow continues to reduce at historical rates of 6.6% each year