Eastside Distilling Balance Sheet Health
Financial Health criteria checks 2/6
Eastside Distilling has a total shareholder equity of $-2.5M and total debt of $12.4M, which brings its debt-to-equity ratio to -505%. Its total assets and total liabilities are $16.2M and $18.7M respectively.
Key information
-505.0%
Debt to equity ratio
US$12.42m
Debt
| Interest coverage ratio | n/a |
| Cash | US$310.00k |
| Equity | -US$2.46m |
| Total liabilities | US$18.68m |
| Total assets | US$16.22m |
Recent financial health updates
Recent updates
Investors Still Aren't Entirely Convinced By Eastside Distilling, Inc.'s (NASDAQ:EAST) Revenues Despite 27% Price Jump
Oct 23
Investors Still Aren't Entirely Convinced By Eastside Distilling, Inc.'s (NASDAQ:EAST) Revenues Despite 75% Price Jump
Sep 06Eastside Distilling, Inc. (NASDAQ:EAST) Stock Rockets 27% But Many Are Still Ignoring The Company
Jul 12Eastside Distilling, Inc. (NASDAQ:EAST) Stock's 25% Dive Might Signal An Opportunity But It Requires Some Scrutiny
Mar 28Eastside Distilling, Inc. (NASDAQ:EAST) Screens Well But There Might Be A Catch
Jan 23One Analyst Just Shaved Their Eastside Distilling, Inc. (NASDAQ:EAST) Forecasts Dramatically
Aug 26Market Cool On Eastside Distilling, Inc.'s (NASDAQ:EAST) Revenues
Apr 18Eastside Distilling: Problems In The Rearview Mirror, A Stronger Future Ahead
Nov 19Eastside Distilling: A Hidden And Misunderstood Gem
Jul 15Eastside Distilling: Restructuring And Focus On High-Margin Brands
May 04Financial Position Analysis
Short Term Liabilities: EAST has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: EAST 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: EAST has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: EAST'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: EAST has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: EAST is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 15:01 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Eastside Distilling, Inc. is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | Roth MKM |
| Ian Gilson | Zacks Investment Research Inc. |