Eros Resources Balance Sheet Health
Financial Health criteria checks 1/6
Eros Resources has a total shareholder equity of CA$5.6M and total debt of CA$927.1K, which brings its debt-to-equity ratio to 16.4%. Its total assets and total liabilities are CA$12.0M and CA$6.4M respectively.
Key information
16.4%
Debt to equity ratio
CA$927.10k
Debt
Interest coverage ratio | n/a |
Cash | CA$127.90k |
Equity | CA$5.64m |
Total liabilities | CA$6.39m |
Total assets | CA$12.03m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: ERC's short term assets (CA$197.1K) do not cover its short term liabilities (CA$5.4M).
Long Term Liabilities: ERC's short term assets (CA$197.1K) do not cover its long term liabilities (CA$951.0K).
Debt to Equity History and Analysis
Debt Level: ERC's net debt to equity ratio (14.2%) is considered satisfactory.
Reducing Debt: ERC's debt to equity ratio has increased from 0% to 16.4% 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: ERC has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ERC has less than a year of cash runway if free cash flow continues to reduce at historical rates of 21.2% each year