Eastside Distilling Balance Sheet Health
Financial Health criteria checks 2/6
Eastside Distilling has a total shareholder equity of $853.0K and total debt of $11.2M, which brings its debt-to-equity ratio to 1310.2%. Its total assets and total liabilities are $17.5M and $16.6M respectively.
Key information
1,310.2%
Debt to equity ratio
US$11.18m
Debt
Interest coverage ratio | n/a |
Cash | US$403.00k |
Equity | US$853.00k |
Total liabilities | US$16.63m |
Total assets | US$17.48m |
Recent financial health updates
Recent updates
Eastside 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's short term assets ($4.5M) exceed its short term liabilities ($4.2M).
Long Term Liabilities: EAST's short term assets ($4.5M) do not cover its long term liabilities ($12.4M).
Debt to Equity History and Analysis
Debt Level: EAST's net debt to equity ratio (1263%) is considered high.
Reducing Debt: EAST's debt to equity ratio has increased from 27.9% to 1310.2% 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: EAST has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: EAST has sufficient cash runway for 1.1 years if free cash flow continues to grow at historical rates of 26.7% each year.