Aduro Clean Technologies Balance Sheet Health
Financial Health criteria checks 3/6
Aduro Clean Technologies has a total shareholder equity of CA$5.6M and total debt of CA$3.9K, which brings its debt-to-equity ratio to 0.07%. Its total assets and total liabilities are CA$6.2M and CA$527.3K respectively.
Key information
0.07%
Debt to equity ratio
CA$3.91k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$2.59m |
| Equity | CA$5.64m |
| Total liabilities | CA$527.35k |
| Total assets | CA$6.16m |
Financial Position Analysis
Short Term Liabilities: ACT's short term assets (CA$2.9M) exceed its short term liabilities (CA$418.8K).
Long Term Liabilities: ACT's short term assets (CA$2.9M) exceed its long term liabilities (CA$108.5K).
Debt to Equity History and Analysis
Debt Level: ACT has more cash than its total debt.
Reducing Debt: Insufficient data to determine if ACT'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: ACT has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ACT has less than a year of cash runway if free cash flow continues to reduce at historical rates of 60.3% each year