EarthLabs Balance Sheet Health
Financial Health criteria checks 5/6
EarthLabs has a total shareholder equity of CA$45.4M and total debt of CA$998.9K, which brings its debt-to-equity ratio to 2.2%. Its total assets and total liabilities are CA$51.5M and CA$6.1M respectively.
Key information
2.2%
Debt to equity ratio
CA$998.87k
Debt
Interest coverage ratio | n/a |
Cash | CA$43.88m |
Equity | CA$45.38m |
Total liabilities | CA$6.14m |
Total assets | CA$51.51m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8EK0's short term assets (CA$46.6M) exceed its short term liabilities (CA$3.8M).
Long Term Liabilities: 8EK0's short term assets (CA$46.6M) exceed its long term liabilities (CA$2.3M).
Debt to Equity History and Analysis
Debt Level: 8EK0 has more cash than its total debt.
Reducing Debt: 8EK0's debt to equity ratio has increased from 0% to 2.2% 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: 8EK0 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 8EK0 has sufficient cash runway for 2.3 years if free cash flow continues to reduce at historical rates of 3.3% each year.