Ecolomondo Balance Sheet Health
Financial Health criteria checks 2/6
Ecolomondo has a total shareholder equity of CA$1.3M and total debt of CA$41.2M, which brings its debt-to-equity ratio to 3262.6%. Its total assets and total liabilities are CA$47.9M and CA$46.6M respectively.
Key information
3,262.6%
Debt to equity ratio
CA$41.24m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$161.19k |
| Equity | CA$1.26m |
| Total liabilities | CA$46.65m |
| Total assets | CA$47.91m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ECLM.F's short term assets (CA$982.4K) do not cover its short term liabilities (CA$8.0M).
Long Term Liabilities: ECLM.F's short term assets (CA$982.4K) do not cover its long term liabilities (CA$38.7M).
Debt to Equity History and Analysis
Debt Level: ECLM.F's net debt to equity ratio (3249.9%) is considered high.
Reducing Debt: ECLM.F's debt to equity ratio has increased from 217.7% to 3262.6% 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: ECLM.F has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: ECLM.F is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.