EnviroMetal Technologies Balance Sheet Health
Financial Health criteria checks 0/6
EnviroMetal Technologies has a total shareholder equity of CA$-1.3M and total debt of CA$255.2K, which brings its debt-to-equity ratio to -20.4%. Its total assets and total liabilities are CA$1.7M and CA$3.0M respectively.
Key information
-20.4%
Debt to equity ratio
CA$255.20k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$671.64k |
| Equity | -CA$1.25m |
| Total liabilities | CA$2.95m |
| Total assets | CA$1.70m |
Recent financial health updates
Companies Like EnviroMetal Technologies (CSE:ETI) Are In A Position To Invest In Growth
Sep 14
We're Not Very Worried About EnviroLeach Technologies' (CSE:ETI) Cash Burn Rate
May 19Recent updates
We Think Some Shareholders May Hesitate To Increase EnviroMetal Technologies Inc.'s (CSE:ETI) CEO Compensation
Nov 15Companies Like EnviroMetal Technologies (CSE:ETI) Are In A Position To Invest In Growth
Sep 14We're Not Very Worried About EnviroLeach Technologies' (CSE:ETI) Cash Burn Rate
May 19What Does EnviroLeach Technologies' (CSE:ETI) CEO Pay Reveal?
Dec 09Financial Position Analysis
Short Term Liabilities: ETI has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: ETI 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: ETI has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: ETI'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: ETI has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ETI has less than a year of cash runway if free cash flow continues to grow at historical rates of 19.9% each year.