Empress Royalty Balance Sheet Health
Financial Health criteria checks 5/6
Empress Royalty has a total shareholder equity of $15.6M and total debt of $2.9M, which brings its debt-to-equity ratio to 18.8%. Its total assets and total liabilities are $19.1M and $3.5M respectively.
Key information
18.8%
Debt to equity ratio
US$2.94m
Debt
| Interest coverage ratio | n/a |
| Cash | US$1.17m |
| Equity | US$15.63m |
| Total liabilities | US$3.48m |
| Total assets | US$19.11m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: EMPR's short term assets ($2.0M) exceed its short term liabilities ($1.8M).
Long Term Liabilities: EMPR's short term assets ($2.0M) exceed its long term liabilities ($1.7M).
Debt to Equity History and Analysis
Debt Level: EMPR's net debt to equity ratio (11.3%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if EMPR'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: Whilst unprofitable EMPR has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: EMPR is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 54.2% per year.