Enthusiast Gaming Holdings Financial Health
How is Enthusiast Gaming Holdings's financial position?
Financial Health Score
3/6Financial Health Score 3/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: EGLX's short term assets (CA$56.7M) exceed its short term liabilities (CA$44.7M).
Long Term Liabilities: EGLX's short term assets (CA$56.7M) exceed its long term liabilities (CA$45.0M).
Debt to Equity History and Analysis
Debt Level: EGLX's net debt to equity ratio (1%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if EGLX'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: EGLX has less than a year of cash runway 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.