ECD Automotive Design Balance Sheet Health
Financial Health criteria checks 0/6
ECD Automotive Design has a total shareholder equity of $-10.0M and total debt of $10.7M, which brings its debt-to-equity ratio to -106.6%. Its total assets and total liabilities are $25.3M and $35.3M respectively.
Key information
-106.6%
Debt to equity ratio
US$10.68m
Debt
| Interest coverage ratio | n/a |
| Cash | US$8.13m |
| Equity | -US$10.02m |
| Total liabilities | US$35.31m |
| Total assets | US$25.29m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ECDA has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: ECDA 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: ECDA has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: ECDA's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: ECDA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if ECDA's interest payments on its debt are well covered by EBIT.