Empress Royalty Balance Sheet Health
Financial Health criteria checks 2/6
Empress Royalty has a total shareholder equity of $17.1M and total debt of $5.8M, which brings its debt-to-equity ratio to 33.7%. Its total assets and total liabilities are $23.9M and $6.8M respectively. Empress Royalty's EBIT is $1.5M making its interest coverage ratio 1.1. It has cash and short-term investments of $806.3K.
Key information
33.7%
Debt to equity ratio
US$5.77m
Debt
| Interest coverage ratio | 1.1x |
| Cash | US$806.33k |
| Equity | US$17.12m |
| Total liabilities | US$6.76m |
| Total assets | US$23.87m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 53G's short term assets ($2.9M) do not cover its short term liabilities ($3.9M).
Long Term Liabilities: 53G's short term assets ($2.9M) exceed its long term liabilities ($2.8M).
Debt to Equity History and Analysis
Debt Level: 53G's net debt to equity ratio (29%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 53G'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: 53G has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 53G has less than a year of cash runway if free cash flow continues to grow at historical rates of 42.6% each year.