EnviroMetal Technologies Balance Sheet Health
Financial Health criteria checks 0/6
EnviroMetal Technologies has a total shareholder equity of CA$-956.6K and total debt of CA$50.0K, which brings its debt-to-equity ratio to -5.2%. Its total assets and total liabilities are CA$517.6K and CA$1.5M respectively.
Key information
-5.2%
Debt to equity ratio
CA$50.00k
Debt
Interest coverage ratio | n/a |
Cash | CA$15.22k |
Equity | -CA$956.56k |
Total liabilities | CA$1.47m |
Total assets | CA$517.61k |
Recent financial health updates
Companies 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 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.
Debt Coverage: ETI's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if ETI's interest payments on its debt are well covered by EBIT.