The company maintains an exceptionally high current ratio of 30.98, yet this liquidity appears disconnected from the underlying business as net PPE remains stagnant at $8.3 million.
| Total Current Assets | 263.82M | 209.11M | 108.77M | 84.03M | 67M | 65.77M | 28.7M | 25.41M | 18.67M | 11.22M |
| Cash & Short-Term Investments | 262.71M | 173.03M | 100.66M | 71.25M | 54.84M | 52.41M | 25.02M | 23.23M | 14.1M | 6.97M |
| Cash Only | 262.71M | 173.03M | 100.66M | 71.25M | 54.84M | 52.41M | 25.02M | 23.23M | 14.1M | 6.97M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 3.46K | 34.5M | 1.59M | 6.71M | 877.93K | 826.68K | 1.77M | 1.36M | 2.05M | 1.74M |
| Days Sales Outstanding | 61.09 | 254.86 | 11.51 | 37.13 | 5.03 | 4.05 | 14.02 | 9.68 | 16.31 | 17.89 |
| Inventory | 0 | 0 | 11.09K | 34.29K | 11.06K | 246.78K | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | 1.19 | - | 0.11 | 0.26 | 0.09 | 1.86 | - | - | - | - |
| Other Current Assets | 0 | 73.94K | 1.91M | 601.69K | 743.39K | 30 | 196.48K | 156K | 185.67K | 245.48K |
| Total Non-Current Assets | 68.64M | 68.96M | 69.95M | 74.22M | 13.5M | 8.59M | 12.25M | 11.85M | 8.02M | 468.56K |
| Property, Plant & Equipment | 8.29M | 8.61M | 69.95M | 72.26M | 12.14M | 7.85M | 7.4M | 7.98M | 7.63M | 85.42K |
| Fixed Asset Turnover | 11.75x | 5.74x | 0.72x | 0.91x | 5.25x | 9.50x | 6.24x | 6.41x | 6.00x | 416.57x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 2.38K | 31.33K | 23.96K | 36.03K | 43.04K | 10.42K | 12.63K | 14.1K |
| Long-Term Investments | 0 | 0 | 0 | 0 | 894K | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 60.36M | 60.35M | 1.37K | 1.94M | 0 | 0 | 4.45M | 3.85M | 377.84K | 369.04K |
| Total Assets | 332.47M | 278.06M | 178.72M | 158.26M | 80.49M | 74.35M | 40.95M | 37.25M | 26.69M | 11.69M |
| Asset Turnover | 0.40x | 0.18x | 0.28x | 0.42x | 0.79x | 1.00x | 1.13x | 1.37x | 1.72x | 3.04x |
| Asset Growth % | 153.07% | 55.59% | 12.93% | 96.61% | 8.25% | 81.58% | 9.92% | 39.56% | 128.38% | - |
| Total Current Liabilities | 8.52M | 8.51M | 12.43M | 12.84M | 8.19M | 7.5M | 4.65M | 5.45M | 4.11M | 3.66M |
| Accounts Payable | 5.36M | 3.29M | 3.44M | 3.82M | 3.49M | 3.66M | 2.63M | 3.37M | 2.74M | 2.11M |
| Days Payables Outstanding | 25.48 | 31.28 | 33.1 | 29.34 | 28.67 | 27.63 | 31.89 | 38.75 | 36.97 | 36.67 |
| Short-Term Debt | 0 | 78.98K | 1.38M | 1.36M | 0 | 0 | 250.36K | 203.7K | 78.79K | 0 |
| Deferred Revenue (Current) | 1.76M | 298.79K | 487.07K | 2.12M | 2.25M | 2.99M | 1.41M | 43.67K | 0 | 0 |
| Other Current Liabilities | 0 | 4.3M | 1.32M | 0 | 0 | 0 | 109.59K | 1.58M | 1.05M | 1.27M |
| Current Ratio | 30.98x | 24.58x | 8.75x | 6.55x | 8.18x | 8.77x | 6.18x | 4.66x | 4.54x | 3.07x |
| Quick Ratio | 30.98x | 24.58x | 8.75x | 6.54x | 8.18x | 8.74x | 6.18x | 4.66x | 4.54x | 3.07x |
| Cash Conversion Cycle | 36.79 | - | -21.49 | 8.05 | -23.55 | -21.72 | - | - | - | - |
| Total Non-Current Liabilities | 1.75M | 1.73M | 3.13M | 7.61M | 7.77M | 2.59M | 3.57M | 3.64M | 3.86M | 0 |
| Long-Term Debt | 0 | 0 | 0 | 3.87M | 5.93M | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 5.3M | 1.33M | 1.31M | 1.92M | 1.84M | 2.59M | 3.57M | 3.64M | 3.86M | 0 |
| Deferred Tax Liabilities | 3.01M | 397.42K | 1.82M | 1.82M | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 10.27M | 10.24M | 15.56M | 20.45M | 15.96M | 10.09M | 8.22M | 9.09M | 7.97M | 3.66M |
| Total Debt | 1.44M | 1.41M | 2.76M | 7.52M | 8.61M | 2.74M | 3.83M | 3.84M | 3.94M | 0 |
| Net Debt | -261.27M | -171.62M | -97.9M | -63.73M | -46.23M | -49.67M | -21.2M | -19.39M | -10.17M | -6.97M |
| Debt / Equity | 0.00x | 0.01x | 0.02x | 0.05x | 0.13x | 0.04x | 0.12x | 0.14x | 0.21x | - |
| Debt / EBITDA | -0.12x | - | - | - | 1166.82x | 0.28x | 0.51x | 0.28x | 0.30x | - |
| Net Debt / EBITDA | 21.43x | - | - | - | -6267.38x | -5.13x | -2.83x | -1.41x | -0.77x | -0.65x |
| Interest Coverage | -21.84x | - | -36.55x | -40.82x | -11.94x | 395.86x | 282.48x | 623.11x | 162.09x | - |
| Total Equity | 322.2M | 267.83M | 163.16M | 137.81M | 64.53M | 64.27M | 32.73M | 28.16M | 18.72M | 8.03M |
| Equity Growth % | 176.64% | 64.15% | 18.39% | 113.56% | 0.41% | 96.36% | 16.2% | 50.44% | 133.15% | - |
| Book Value per Share | 6670.35 | 88.94 | 402.86 | 2338.71 | 322649.42 | 428434.97 | 194918.45 | 167740.65 | 111501.37 | 47824.25 |
| Total Shareholders' Equity | 320.2M | 265.89M | 162.36M | 136.93M | 64.55M | 64.31M | 32.76M | 28.22M | 18.71M | 8.03M |
| Common Stock | 4M | 200.19K | 2.04K | 544.98K | 4.42K | 3.36K | 2.8K | 2.8K | 50K | 50K |
| Retained Earnings | -24.16M | -24M | -23.02M | -3.63M | 31.37M | 36.8M | 30.4M | 24.75M | 15.18M | 5.5M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -3.03M | -7.33M | -6.5M | -6.45M | -280.99K | 1.96M | -1.3M | -466.25K | -401K | -459.36K |
| Minority Interest | 2M | 1.93M | 795.87K | 880.72K | -19.95K | -47.04K | -34.49K | -50.28K | 11.14K | 0 |
Unexplained cash-to-revenue disconnect
According to recent financial filings, EJH maintains a substantial cash position of $262.7 million as of 2026Q2, resulting in an exceptionally high current ratio of 30.98, which appears disconnected from the company's ongoing inability to generate positive operating cash flow or sustain revenue growth.
The massive cash buffer relative to the company's scale suggests that liquidity is not a product of operational efficiency but rather external financing activities. Investors should monitor whether this capital is truly unencumbered or if it is earmarked for specific obligations that limit its utility as a defensive cushion.
Based on the provided balance sheet data, the company's retained earnings have shifted from a positive $36.8 million in 2021Q4 to a deficit of $24.2 million by 2026Q2, signaling a consistent destruction of shareholder value through persistent net losses over the last several years.
This trend indicates that the company's equity base is being supported by capital injections rather than organic profitability. The transition into a negative retained earnings position warrants further investigation into the sustainability of the current business model and the potential for future dilution if losses continue.
As reported in recent balance sheets, EJH's asset composition is heavily skewed toward cash, with net PPE remaining stagnant at approximately $8.3 million as of 2026Q2, suggesting that the company is not effectively deploying its capital into revenue-generating infrastructure or long-term productive assets.
The lack of significant goodwill or intangible assets implies that the company's competitive position is not anchored in proprietary technology or acquired market share. This asset-light profile may be a strategic choice, but it also leaves the company vulnerable if its service-based model fails to gain traction.
Financial statements reveal a non-obvious risk where the company's cash balance has grown significantly while revenue has contracted, creating a structural distortion that makes the balance sheet appear far more robust than the underlying operational performance would otherwise suggest to a fundamental analyst.
The disconnect between the $262.7 million cash pile and the $49.4 million annual revenue base is highly unusual for a service provider. This anomaly suggests that the headline liquidity figures may be misleading, and investors should be cautious about the potential for restricted cash or future impairment risks.
Quick answers to the most common questions about buying EJH stock.
As of 2025, E-Home Household Service Holdings Limited (EJH) had total assets of $278.1M including $209.1M in current assets.
E-Home Household Service Holdings Limited (EJH) carries total debt of $1.4M, offset by $173.0M in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
E-Home Household Service Holdings Limited (EJH) has total shareholders' equity (book value) of $265.9M ($88.94 book value per share). Book value represents the net worth of the company belonging to common stock holders.
E-Home Household Service Holdings Limited (EJH) reported a current ratio of 24.58x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.