Eco Wave Power Global Balance Sheet Health
Financial Health criteria checks 6/6
Eco Wave Power Global has a total shareholder equity of $7.0M and total debt of $1.1M, which brings its debt-to-equity ratio to 15.9%. Its total assets and total liabilities are $9.3M and $2.3M respectively.
Key information
15.9%
Debt to equity ratio
US$1.12m
Debt
Interest coverage ratio | n/a |
Cash | US$7.74m |
Equity | US$7.04m |
Total liabilities | US$2.26m |
Total assets | US$9.30m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1KW0's short term assets ($8.1M) exceed its short term liabilities ($2.2M).
Long Term Liabilities: 1KW0's short term assets ($8.1M) exceed its long term liabilities ($74.0K).
Debt to Equity History and Analysis
Debt Level: 1KW0 has more cash than its total debt.
Reducing Debt: 1KW0 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: 1KW0 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 1KW0 has sufficient cash runway for 2.8 years if free cash flow continues to reduce at historical rates of 17.6% each year.