EZRaider Balance Sheet Health
Financial Health criteria checks 1/6
EZRaider has a total shareholder equity of $2.3M and total debt of $1.2M, which brings its debt-to-equity ratio to 52.2%. Its total assets and total liabilities are $5.4M and $3.1M respectively.
Key information
52.2%
Debt to equity ratio
US$1.21m
Debt
| Interest coverage ratio | n/a |
| Cash | US$173.04k |
| Equity | US$2.32m |
| Total liabilities | US$3.10m |
| Total assets | US$5.42m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EZRG's short term assets ($1.5M) do not cover its short term liabilities ($3.1M).
Long Term Liabilities: EZRG has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: EZRG's net debt to equity ratio (44.8%) is considered high.
Reducing Debt: Insufficient data to determine if EZRG's debt to equity ratio has reduced 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: EZRG has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: EZRG has less than a year of cash runway if free cash flow continues to reduce at historical rates of 39.3% each year