Enthusiast Gaming Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Enthusiast Gaming Holdings has a total shareholder equity of CA$142.7M and total debt of CA$22.0M, which brings its debt-to-equity ratio to 15.4%. Its total assets and total liabilities are CA$236.1M and CA$93.4M respectively.
Key information
15.4%
Debt to equity ratio
CA$22.04m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$6.85m |
| Equity | CA$142.72m |
| Total liabilities | CA$93.42m |
| Total assets | CA$236.13m |
Recent financial health updates
Is Enthusiast Gaming Holdings (TSE:EGLX) Weighed On By Its Debt Load?
Feb 07
Enthusiast Gaming Holdings (TSE:EGLX) Is Carrying A Fair Bit Of Debt
Aug 24Here's Why Enthusiast Gaming Holdings (TSE:EGLX) Can Afford Some Debt
Jan 14Recent updates
The Market Doesn't Like What It Sees From Enthusiast Gaming Holdings Inc.'s (TSE:EGLX) Revenues Yet As Shares Tumble 28%
Feb 16Is Enthusiast Gaming Holdings (TSE:EGLX) Weighed On By Its Debt Load?
Feb 07Little Excitement Around Enthusiast Gaming Holdings Inc.'s (TSE:EGLX) Revenues As Shares Take 29% Pounding
Dec 21Enthusiast Gaming Holdings (TSE:EGLX) Is Carrying A Fair Bit Of Debt
Aug 24Many Still Looking Away From Enthusiast Gaming Holdings Inc. (TSE:EGLX)
Jul 06The Enthusiast Gaming Holdings Inc. (TSE:EGLX) Analysts Have Been Trimming Their Sales Forecasts
Apr 05Here's Why Enthusiast Gaming Holdings (TSE:EGLX) Can Afford Some Debt
Jan 14Is Enthusiast Gaming Holdings (TSE:EGLX) Using Debt Sensibly?
Sep 27Is Enthusiast Gaming Holdings (TSE:EGLX) Using Debt Sensibly?
Jun 13Health Check: How Prudently Does Enthusiast Gaming Holdings (TSE:EGLX) Use Debt?
Feb 23Is Enthusiast Gaming Holdings (TSE:EGLX) Using Too Much Debt?
Oct 27Financial Position Analysis
Short Term Liabilities: EGLX's short term assets (CA$40.2M) do not cover its short term liabilities (CA$76.2M).
Long Term Liabilities: EGLX's short term assets (CA$40.2M) exceed its long term liabilities (CA$17.2M).
Debt to Equity History and Analysis
Debt Level: EGLX's net debt to equity ratio (10.6%) is considered satisfactory.
Reducing Debt: EGLX's debt to equity ratio has increased from 0% to 15.4% 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: EGLX has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if EGLX has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.