EvoAir Holdings Balance Sheet Health
Financial Health criteria checks 4/6
EvoAir Holdings has a total shareholder equity of $74.8M and total debt of $439.6K, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are $76.2M and $1.4M respectively.
Key information
0.6%
Debt to equity ratio
US$439.63k
Debt
| Interest coverage ratio | n/a |
| Cash | US$184.16k |
| Equity | US$74.81m |
| Total liabilities | US$1.38m |
| Total assets | US$76.19m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EVOH's short term assets ($1.4M) exceed its short term liabilities ($1.2M).
Long Term Liabilities: EVOH's short term assets ($1.4M) exceed its long term liabilities ($159.2K).
Debt to Equity History and Analysis
Debt Level: EVOH's net debt to equity ratio (0.3%) is considered satisfactory.
Reducing Debt: EVOH had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: EVOH has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: EVOH has less than a year of cash runway if free cash flow continues to reduce at historical rates of 42.2% each year