Enthusiast Gaming Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Enthusiast Gaming Holdings has a total shareholder equity of CA$142.7M and total debt of CA$22.0M, which brings its debt-to-equity ratio to 15.4%. Its total assets and total liabilities are CA$236.1M and CA$93.4M respectively.
Key information
15.4%
Debt to equity ratio
CA$22.04m
Debt
Interest coverage ratio | n/a |
Cash | CA$6.85m |
Equity | CA$142.72m |
Total liabilities | CA$93.42m |
Total assets | CA$236.13m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2AV's short term assets (CA$40.2M) do not cover its short term liabilities (CA$76.2M).
Long Term Liabilities: 2AV's short term assets (CA$40.2M) exceed its long term liabilities (CA$17.2M).
Debt to Equity History and Analysis
Debt Level: 2AV's net debt to equity ratio (10.6%) is considered satisfactory.
Reducing Debt: 2AV's debt to equity ratio has increased from 0% to 15.4% 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: 2AV has sufficient cash runway for more than a year 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.