Eros Resources Balance Sheet Health
Financial Health criteria checks 3/6
Eros Resources has a total shareholder equity of CA$6.9M and total debt of CA$875.9K, which brings its debt-to-equity ratio to 12.7%. Its total assets and total liabilities are CA$13.2M and CA$6.3M respectively.
Key information
12.7%
Debt to equity ratio
CA$875.95k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$247.06k |
| Equity | CA$6.91m |
| Total liabilities | CA$6.30m |
| Total assets | CA$13.21m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EROS.F's short term assets (CA$329.4K) do not cover its short term liabilities (CA$5.4M).
Long Term Liabilities: EROS.F's short term assets (CA$329.4K) do not cover its long term liabilities (CA$951.0K).
Debt to Equity History and Analysis
Debt Level: EROS.F's net debt to equity ratio (9.1%) is considered satisfactory.
Reducing Debt: EROS.F's debt to equity ratio has increased from 0% to 12.7% 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: Whilst unprofitable EROS.F has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: EROS.F is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 11.9% per year.