ENGlobal Balance Sheet Health
Financial Health criteria checks 3/6
ENGlobal has a total shareholder equity of $2.1M and total debt of $1.0M, which brings its debt-to-equity ratio to 48.4%. Its total assets and total liabilities are $23.7M and $21.6M respectively.
Key information
48.4%
Debt to equity ratio
US$1.02m
Debt
| Interest coverage ratio | n/a |
| Cash | US$1.49m |
| Equity | US$2.11m |
| Total liabilities | US$21.61m |
| Total assets | US$23.71m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4EG0's short term assets ($14.1M) do not cover its short term liabilities ($14.5M).
Long Term Liabilities: 4EG0's short term assets ($14.1M) exceed its long term liabilities ($7.1M).
Debt to Equity History and Analysis
Debt Level: 4EG0 has more cash than its total debt.
Reducing Debt: 4EG0 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: 4EG0 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 4EG0 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 33.1% each year