Energem Balance Sheet Health
Financial Health criteria checks 0/6
Energem has a total shareholder equity of $-6.0M and total debt of $1.3M, which brings its debt-to-equity ratio to -21.6%. Its total assets and total liabilities are $13.8M and $19.8M respectively.
Key information
-21.6%
Debt to equity ratio
US$1.30m
Debt
| Interest coverage ratio | n/a |
| Cash | US$86.94k |
| Equity | -US$6.03m |
| Total liabilities | US$19.80m |
| Total assets | US$13.77m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ENCP.U has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: ENCP.U 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: ENCP.U has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: ENCP.U's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: ENCP.U's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if ENCP.U's interest payments on its debt are well covered by EBIT.