Earth Alive Clean Technologies Balance Sheet Health
Financial Health criteria checks 6/6
Earth Alive Clean Technologies has a total shareholder equity of CA$5.5M and total debt of CA$40.0K, which brings its debt-to-equity ratio to 0.7%. Its total assets and total liabilities are CA$7.1M and CA$1.7M respectively.
Key information
0.7%
Debt to equity ratio
CA$40.00k
Debt
Interest coverage ratio | n/a |
Cash | CA$4.71m |
Equity | CA$5.46m |
Total liabilities | CA$1.66m |
Total assets | CA$7.12m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EACT.F's short term assets (CA$6.2M) exceed its short term liabilities (CA$1.1M).
Long Term Liabilities: EACT.F's short term assets (CA$6.2M) exceed its long term liabilities (CA$564.8K).
Debt to Equity History and Analysis
Debt Level: EACT.F has more cash than its total debt.
Reducing Debt: EACT.F had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: EACT.F has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: EACT.F is forecast to have sufficient cash runway for 11 months based on free cash flow estimates, but has since raised additional capital.