EarthLabs Balance Sheet Health
Financial Health criteria checks 5/6
EarthLabs has a total shareholder equity of CA$42.7M and total debt of CA$1.0M, which brings its debt-to-equity ratio to 2.4%. Its total assets and total liabilities are CA$50.0M and CA$7.2M respectively.
Key information
2.4%
Debt to equity ratio
CA$1.04m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$43.67m |
| Equity | CA$42.75m |
| Total liabilities | CA$7.22m |
| Total assets | CA$49.97m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8EK0's short term assets (CA$45.3M) exceed its short term liabilities (CA$4.9M).
Long Term Liabilities: 8EK0's short term assets (CA$45.3M) exceed its long term liabilities (CA$2.4M).
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 2.4% 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 3 years based on its current free cash flow.
Forecast Cash Runway: 8EK0 has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 8.8% each year