Eco Wave Power Global Balance Sheet Health
Financial Health criteria checks 5/6
Eco Wave Power Global has a total shareholder equity of $6.0M and total debt of $1.1M, which brings its debt-to-equity ratio to 19%. Its total assets and total liabilities are $8.3M and $2.2M respectively.
Key information
19.0%
Debt to equity ratio
US$1.15m
Debt
| Interest coverage ratio | n/a |
| Cash | US$6.97m |
| Equity | US$6.02m |
| Total liabilities | US$2.25m |
| Total assets | US$8.27m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1KW0's short term assets ($7.2M) exceed its short term liabilities ($2.2M).
Long Term Liabilities: 1KW0's short term assets ($7.2M) exceed its long term liabilities ($53.0K).
Debt to Equity History and Analysis
Debt Level: 1KW0 has more cash than its total debt.
Reducing Debt: 1KW0's debt to equity ratio has increased from 14.9% to 19% 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: 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 2.7 years if free cash flow continues to reduce at historical rates of 15.3% each year.