EBET Balance Sheet Health

Financial Health criteria checks 0/6

EBET has a total shareholder equity of $-56.2M and total debt of $46.7M, which brings its debt-to-equity ratio to -83.1%. Its total assets and total liabilities are $14.5M and $70.7M respectively.

Key information

-83.1%

Debt to equity ratio

US$46.68m

Debt

Interest coverage ration/a
CashUS$632.98k
Equity-US$56.18m
Total liabilitiesUS$70.73m
Total assetsUS$14.55m

Recent financial health updates

Recent updates

EBET scales 11% on improvements in net loss and adjusted EBITDA for first two months of Q4

Sep 21

EBET withdraws guidance on focus to profitability, estimates $18.2M revenue for Q2

Aug 15

EBET Ramps Revenue Growth From Recent Acquisitions

Jul 14

Esports Technologies names gaming industry veteran Mark Thorne as Chief Marketing Officer

Jun 02

Financial Position Analysis

Short Term Liabilities: EBET has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: EBET 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: EBET has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: EBET's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


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: EBET has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: EBET has less than a year of cash runway if free cash flow continues to reduce at historical rates of 31.9% each year


Discover healthy companies