Electromagnetic Geoservices Balance Sheet Health
Financial Health criteria checks 3/6
Electromagnetic Geoservices has a total shareholder equity of $601.0K and total debt of $19.6M, which brings its debt-to-equity ratio to 3258.6%. Its total assets and total liabilities are $27.8M and $27.2M respectively.
Key information
3,258.6%
Debt to equity ratio
US$19.58m
Debt
| Interest coverage ratio | n/a |
| Cash | US$10.26m |
| Equity | US$601.00k |
| Total liabilities | US$27.17m |
| Total assets | US$27.77m |
Recent financial health updates
Electromagnetic Geoservices (OB:EMGS) Takes On Some Risk With Its Use Of Debt
Feb 01
Electromagnetic Geoservices (OB:EMGS) Takes On Some Risk With Its Use Of Debt
Sep 16Is Electromagnetic Geoservices (OB:EMGS) A Risky Investment?
May 27These 4 Measures Indicate That Electromagnetic Geoservices (OB:EMGS) Is Using Debt Extensively
Jan 20Recent updates
Electromagnetic Geoservices (OB:EMGS) Takes On Some Risk With Its Use Of Debt
Feb 01Optimistic Investors Push Electromagnetic Geoservices ASA (OB:EMGS) Shares Up 39% But Growth Is Lacking
Dec 31There's Been No Shortage Of Growth Recently For Electromagnetic Geoservices' (OB:EMGS) Returns On Capital
Nov 11Electromagnetic Geoservices (OB:EMGS) Takes On Some Risk With Its Use Of Debt
Sep 16Investors Shouldn't Overlook Electromagnetic Geoservices' (OB:EMGS) Impressive Returns On Capital
Aug 01Is Electromagnetic Geoservices (OB:EMGS) A Risky Investment?
May 27Electromagnetic Geoservices (OB:EMGS) Is Very Good At Capital Allocation
Mar 15Electromagnetic Geoservices ASA's (OB:EMGS) Shares Bounce 84% But Its Business Still Trails The Market
Feb 08These 4 Measures Indicate That Electromagnetic Geoservices (OB:EMGS) Is Using Debt Extensively
Jan 20Electromagnetic Geoservices (OB:EMGS) Is Very Good At Capital Allocation
Aug 24Electromagnetic Geoservices (OB:EMGS) Is Achieving High Returns On Its Capital
Mar 07Investors Shouldn't Overlook Electromagnetic Geoservices' (OB:EMGS) Impressive Returns On Capital
Nov 20These Trends Paint A Bright Future For Electromagnetic Geoservices (OB:EMGS)
Jan 06Financial Position Analysis
Short Term Liabilities: EMGS's short term assets ($15.8M) exceed its short term liabilities ($7.4M).
Long Term Liabilities: EMGS's short term assets ($15.8M) do not cover its long term liabilities ($19.7M).
Debt to Equity History and Analysis
Debt Level: EMGS's net debt to equity ratio (1552.2%) is considered high.
Reducing Debt: EMGS's debt to equity ratio has increased from 925.7% to 3258.6% 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: Whilst unprofitable EMGS has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: EMGS is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 33.2% per year.