Ecofibre Balance Sheet Health
Financial Health criteria checks 2/6
Ecofibre has a total shareholder equity of A$30.6M and total debt of A$25.2M, which brings its debt-to-equity ratio to 82.3%. Its total assets and total liabilities are A$73.2M and A$42.6M respectively.
Key information
82.3%
Debt to equity ratio
AU$25.18m
Debt
Interest coverage ratio | n/a |
Cash | AU$1.85m |
Equity | AU$30.62m |
Total liabilities | AU$42.58m |
Total assets | AU$73.19m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EOFB.F's short term assets (A$39.4M) exceed its short term liabilities (A$21.6M).
Long Term Liabilities: EOFB.F's short term assets (A$39.4M) exceed its long term liabilities (A$21.0M).
Debt to Equity History and Analysis
Debt Level: EOFB.F's net debt to equity ratio (76.2%) is considered high.
Reducing Debt: EOFB.F's debt to equity ratio has increased from 35.8% to 82.3% 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: EOFB.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: EOFB.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of 10.1% each year