Composite Alliance Group Balance Sheet Health
Financial Health criteria checks 2/6
Composite Alliance Group has a total shareholder equity of CA$-3.5M and total debt of CA$7.4M, which brings its debt-to-equity ratio to -210.2%. Its total assets and total liabilities are CA$13.6M and CA$17.1M respectively.
Key information
-210.2%
Debt to equity ratio
CA$7.40m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$99.77k |
| Equity | -CA$3.52m |
| Total liabilities | CA$17.15m |
| Total assets | CA$13.62m |
Recent financial health updates
No updates
Recent updates
Revenues Tell The Story For Composite Alliance Group Inc. (CVE:CAG) As Its Stock Soars 85%
Mar 15
The Market Doesn't Like What It Sees From Composite Alliance Group Inc.'s (CVE:CAG) Revenues Yet As Shares Tumble 29%
Jan 15Improved Revenues Required Before Composite Alliance Group Inc. (CVE:CAG) Shares Find Their Feet
Dec 01A Look At The Intrinsic Value Of Composite Alliance Group Inc. (CVE:CAG)
Sep 03Estimating The Intrinsic Value Of Composite Alliance Group Inc. (CVE:CAG)
Aug 14Financial Position Analysis
Short Term Liabilities: CAG has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: CAG has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: CAG has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: CAG's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: Whilst unprofitable CAG has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: CAG is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 13.1% per year.