Maritime Launch Services Balance Sheet Health
Financial Health criteria checks 3/6
Maritime Launch Services has a total shareholder equity of CA$157.8K and total debt of CA$9.6M, which brings its debt-to-equity ratio to 6058.8%. Its total assets and total liabilities are CA$13.9M and CA$13.7M respectively.
Key information
6,058.8%
Debt to equity ratio
CA$9.56m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$192.33k |
| Equity | CA$157.78k |
| Total liabilities | CA$13.71m |
| Total assets | CA$13.87m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MAXQ's short term assets (CA$339.2K) do not cover its short term liabilities (CA$13.6M).
Long Term Liabilities: MAXQ's short term assets (CA$339.2K) exceed its long term liabilities (CA$130.3K).
Debt to Equity History and Analysis
Debt Level: MAXQ's net debt to equity ratio (5936.9%) is considered high.
Reducing Debt: Insufficient data to determine if MAXQ'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: MAXQ has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: MAXQ is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.