ESE Entertainment Balance Sheet Health
Financial Health criteria checks 4/6
ESE Entertainment has a total shareholder equity of CA$2.7M and total debt of CA$3.2M, which brings its debt-to-equity ratio to 119.2%. Its total assets and total liabilities are CA$9.1M and CA$6.4M respectively.
Key information
119.2%
Debt to equity ratio
CA$3.19m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$2.13m |
| Equity | CA$2.68m |
| Total liabilities | CA$6.43m |
| Total assets | CA$9.11m |
Recent financial health updates
Recent updates
Investors Still Aren't Entirely Convinced By ESE Entertainment Inc.'s (CVE:ESE) Revenues Despite 50% Price Jump
Apr 25
Would ESE Entertainment (CVE:ESE) Be Better Off With Less Debt?
Apr 24Positive Sentiment Still Eludes ESE Entertainment Inc. (CVE:ESE) Following 30% Share Price Slump
Mar 02ESE Entertainment Inc.'s (CVE:ESE) Subdued P/S Might Signal An Opportunity
Jan 17It's Down 30% But ESE Entertainment Inc. (CVE:ESE) Could Be Riskier Than It Looks
Oct 02Here's What ESE Entertainment Inc.'s (CVE:ESE) Shareholder Ownership Structure Looks Like
Feb 27Financial Position Analysis
Short Term Liabilities: ESE's short term assets (CA$4.6M) do not cover its short term liabilities (CA$6.4M).
Long Term Liabilities: ESE has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: ESE's net debt to equity ratio (39.8%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if ESE'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: ESE has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: ESE has sufficient cash runway for 1.1 years if free cash flow continues to grow at historical rates of 7.5% each year.