Earthworks Industries Balance Sheet Health
Financial Health criteria checks 2/6
Earthworks Industries has a total shareholder equity of CA$7.2M and total debt of CA$3.8M, which brings its debt-to-equity ratio to 53%. Its total assets and total liabilities are CA$12.5M and CA$5.3M respectively.
Key information
53.0%
Debt to equity ratio
CA$3.82m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$84.14k |
| Equity | CA$7.21m |
| Total liabilities | CA$5.28m |
| Total assets | CA$12.49m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EAAT.F's short term assets (CA$159.8K) do not cover its short term liabilities (CA$5.3M).
Long Term Liabilities: EAAT.F has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: EAAT.F's net debt to equity ratio (51.8%) is considered high.
Reducing Debt: EAAT.F's debt to equity ratio has reduced from 326.9% to 53% over the past 5 years.
Debt Coverage: EAAT.F's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if EAAT.F's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 21:04 |
| End of Day Share Price | 2024/12/16 00:00 |
| Earnings | 2024/08/31 |
| Annual Earnings | 2023/11/30 |
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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| 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
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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
Earthworks Industries Inc. is covered by 0 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 |
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