CO2 Gro Balance Sheet Health
Financial Health criteria checks 4/6
CO2 Gro has a total shareholder equity of CA$237.4K and total debt of CA$226.4K, which brings its debt-to-equity ratio to 95.4%. Its total assets and total liabilities are CA$710.6K and CA$473.2K respectively.
Key information
95.4%
Debt to equity ratio
CA$226.37k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$329.29k |
| Equity | CA$237.38k |
| Total liabilities | CA$473.23k |
| Total assets | CA$710.61k |
Financial Position Analysis
Short Term Liabilities: GROW's short term assets (CA$531.7K) exceed its short term liabilities (CA$373.1K).
Long Term Liabilities: GROW's short term assets (CA$531.7K) exceed its long term liabilities (CA$100.2K).
Debt to Equity History and Analysis
Debt Level: GROW has more cash than its total debt.
Reducing Debt: GROW had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: GROW has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: GROW has less than a year of cash runway if free cash flow continues to reduce at historical rates of 3.8% each year