Enthusiast Gaming Holdings Balance Sheet Health
Financial Health criteria checks 1/6
Enthusiast Gaming Holdings has a total shareholder equity of CA$132.6M and total debt of CA$39.6M, which brings its debt-to-equity ratio to 29.9%. Its total assets and total liabilities are CA$209.2M and CA$76.6M respectively.
Key information
29.9%
Debt to equity ratio
CA$39.64m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$6.88m |
| Equity | CA$132.65m |
| Total liabilities | CA$76.58m |
| Total assets | CA$209.23m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2AV's short term assets (CA$20.6M) do not cover its short term liabilities (CA$42.3M).
Long Term Liabilities: 2AV's short term assets (CA$20.6M) do not cover its long term liabilities (CA$34.3M).
Debt to Equity History and Analysis
Debt Level: 2AV's net debt to equity ratio (24.7%) is considered satisfactory.
Reducing Debt: 2AV's debt to equity ratio has increased from 6.2% to 29.9% 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: 2AV has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 2AV has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.