Embark Technology Balance Sheet Health
Financial Health criteria checks 4/6
Embark Technology has a total shareholder equity of $125.7M and total debt of $1.7M, which brings its debt-to-equity ratio to 1.3%. Its total assets and total liabilities are $153.4M and $27.7M respectively.
Key information
1.3%
Debt to equity ratio
US$1.66m
Debt
| Interest coverage ratio | n/a |
| Cash | US$126.63m |
| Equity | US$125.69m |
| Total liabilities | US$27.74m |
| Total assets | US$153.44m |
Financial Position Analysis
Short Term Liabilities: EMBK's short term assets ($134.2M) exceed its short term liabilities ($11.8M).
Long Term Liabilities: EMBK's short term assets ($134.2M) exceed its long term liabilities ($15.9M).
Debt to Equity History and Analysis
Debt Level: EMBK has more cash than its total debt.
Reducing Debt: Insufficient data to determine if EMBK'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: EMBK has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: EMBK has less than a year of cash runway if free cash flow continues to reduce at historical rates of 58.6% each year