Elektros Balance Sheet Health
Financial Health criteria checks 6/6
Elektros has a total shareholder equity of $604.9K and total debt of $10.0K, which brings its debt-to-equity ratio to 1.7%. Its total assets and total liabilities are $614.9K and $10.0K respectively.
Key information
1.7%
Debt to equity ratio
US$10.00k
Debt
| Interest coverage ratio | n/a |
| Cash | US$200.00 |
| Equity | US$604.85k |
| Total liabilities | US$10.00k |
| Total assets | US$614.85k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ELEK's short term assets ($579.5K) exceed its short term liabilities ($10.0K).
Long Term Liabilities: ELEK has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: ELEK's net debt to equity ratio (1.6%) is considered satisfactory.
Reducing Debt: ELEK's debt to equity ratio has reduced from 14.8% to 1.7% 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 ELEK has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: ELEK is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 91.2% per year.