EZFill Holdings Balance Sheet Health
Financial Health criteria checks 2/6
EZFill Holdings has a total shareholder equity of $-1.9M and total debt of $6.1M, which brings its debt-to-equity ratio to -320.1%. Its total assets and total liabilities are $5.7M and $7.6M respectively.
Key information
-320.1%
Debt to equity ratio
US$6.10m
Debt
Interest coverage ratio | n/a |
Cash | US$226.99k |
Equity | -US$1.91m |
Total liabilities | US$7.62m |
Total assets | US$5.72m |
Recent financial health updates
Recent updates
Even With A 42% Surge, Cautious Investors Are Not Rewarding EZFill Holdings Inc.'s (NASDAQ:EZFL) Performance Completely
Apr 26EZFill Holdings Inc. (NASDAQ:EZFL) Stock Rockets 28% But Many Are Still Ignoring The Company
Mar 06A Piece Of The Puzzle Missing From EZFill Holdings Inc.'s (NASDAQ:EZFL) Share Price
Apr 17EzFill Holdings expands reach to West Coast Florida market
Aug 30EzFill announces expansion of commercial fleet business
Jul 12Financial Position Analysis
Short Term Liabilities: EZFL has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: EZFL 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: EZFL has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: EZFL'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: EZFL has sufficient cash runway for 0 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: EZFL is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.