Electromagnetic Geoservices Balance Sheet Health
Financial Health criteria checks 2/6
Electromagnetic Geoservices has a total shareholder equity of $-4.6M and total debt of $19.5M, which brings its debt-to-equity ratio to -421.5%. Its total assets and total liabilities are $32.9M and $37.5M respectively.
Key information
-421.5%
Debt to equity ratio
US$19.53m
Debt
| Interest coverage ratio | n/a |
| Cash | US$13.22m |
| Equity | -US$4.63m |
| Total liabilities | US$37.51m |
| Total assets | US$32.87m |
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 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: EMGS has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: EMGS has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: EMGS's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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 12.1% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 19:25 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Electromagnetic Geoservices ASA is covered by 12 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| John A. Olaisen | ABG Sundal Collier |
| Christopher Mollerlokken | Arctic Securities ASA |
| Håkon Johansen | Beringer Finance AB |