Earths Energy Balance Sheet Health
Financial Health criteria checks 5/6
Earths Energy has a total shareholder equity of A$10.8M and total debt of A$5.9K, which brings its debt-to-equity ratio to 0.05%. Its total assets and total liabilities are A$11.5M and A$620.0K respectively.
Key information
0.05%
Debt to equity ratio
AU$5.87k
Debt
Interest coverage ratio | n/a |
Cash | AU$6.02m |
Equity | AU$10.85m |
Total liabilities | AU$619.96k |
Total assets | AU$11.47m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3290's short term assets (A$6.1M) exceed its short term liabilities (A$620.0K).
Long Term Liabilities: 3290 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 3290 has more cash than its total debt.
Reducing Debt: 3290's debt to equity ratio has increased from 0% to 0.05% 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: 3290 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 3290 has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 13.3% each year