EarthLabs Balance Sheet Health
Financial Health criteria checks 3/6
EarthLabs has a total shareholder equity of CA$43.7M and total debt of CA$981.0K, which brings its debt-to-equity ratio to 2.2%. Its total assets and total liabilities are CA$49.3M and CA$5.6M respectively.
Key information
2.2%
Debt to equity ratio
CA$980.97k
Debt
Interest coverage ratio | n/a |
Cash | CA$42.46m |
Equity | CA$43.66m |
Total liabilities | CA$5.59m |
Total assets | CA$49.25m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: SPOT's short term assets (CA$44.2M) exceed its short term liabilities (CA$3.6M).
Long Term Liabilities: SPOT's short term assets (CA$44.2M) exceed its long term liabilities (CA$2.0M).
Debt to Equity History and Analysis
Debt Level: SPOT has more cash than its total debt.
Reducing Debt: SPOT's debt to equity ratio has increased from 0% to 2.2% over the past 5 years.
Debt Coverage: SPOT's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if SPOT's interest payments on its debt are well covered by EBIT.