Ethema Health Balance Sheet Health
Financial Health criteria checks 0/6
Ethema Health has a total shareholder equity of $-5.5M and total debt of $4.8M, which brings its debt-to-equity ratio to -87.5%. Its total assets and total liabilities are $12.0M and $17.5M respectively. Ethema Health's EBIT is $248.1K making its interest coverage ratio 0.3. It has cash and short-term investments of $11.7K.
Key information
-87.5%
Debt to equity ratio
US$4.82m
Debt
Interest coverage ratio | 0.3x |
Cash | US$11.73k |
Equity | -US$5.51m |
Total liabilities | US$17.51m |
Total assets | US$12.01m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GRST has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: GRST 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: GRST has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: GRST's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: GRST's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: GRST's interest payments on its debt are not well covered by EBIT (0.3x coverage).