ECN Capital Balance Sheet Health
Financial Health criteria checks 3/6
ECN Capital has a total shareholder equity of $215.4M and total debt of $651.9M, which brings its debt-to-equity ratio to 302.6%. Its total assets and total liabilities are $1.0B and $787.7M respectively.
Key information
302.6%
Debt to equity ratio
US$651.85m
Debt
| Interest coverage ratio | n/a |
| Cash | US$20.35m |
| Equity | US$215.42m |
| Total liabilities | US$787.74m |
| Total assets | US$1.00b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ECNC.F's short term assets ($616.1M) exceed its short term liabilities ($73.8M).
Long Term Liabilities: ECNC.F's short term assets ($616.1M) do not cover its long term liabilities ($713.9M).
Debt to Equity History and Analysis
Debt Level: ECNC.F's net debt to equity ratio (293.1%) is considered high.
Reducing Debt: ECNC.F's debt to equity ratio has increased from 51.5% to 302.6% 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: Whilst unprofitable ECNC.F has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: ECNC.F is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 22.1% per year.