EARNZ Balance Sheet Health
Financial Health criteria checks 2/6
EARNZ has a total shareholder equity of £703.2K and total debt of £500.0K, which brings its debt-to-equity ratio to 71.1%. Its total assets and total liabilities are £1.7M and £983.2K respectively.
Key information
71.1%
Debt to equity ratio
UK£500.00k
Debt
Interest coverage ratio | n/a |
Cash | UK£135.36k |
Equity | UK£703.24k |
Total liabilities | UK£983.19k |
Total assets | UK£1.69m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: EARN's short term assets (£1.0M) exceed its short term liabilities (£483.2K).
Long Term Liabilities: EARN's short term assets (£1.0M) exceed its long term liabilities (£500.0K).
Debt to Equity History and Analysis
Debt Level: EARN's net debt to equity ratio (51.9%) is considered high.
Reducing Debt: EARN's debt to equity ratio has increased from 2.7% to 71.1% 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: Insufficient data to determine if EARN has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if EARN has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.