Carbon Done Right Developments Balance Sheet Health
Financial Health criteria checks 4/6
Carbon Done Right Developments has a total shareholder equity of CA$6.4M and total debt of CA$323.8K, which brings its debt-to-equity ratio to 5%. Its total assets and total liabilities are CA$12.5M and CA$6.0M respectively.
Key information
5.0%
Debt to equity ratio
CA$323.77k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$582.03k |
| Equity | CA$6.42m |
| Total liabilities | CA$6.05m |
| Total assets | CA$12.47m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KLX's short term assets (CA$991.5K) do not cover its short term liabilities (CA$2.5M).
Long Term Liabilities: KLX's short term assets (CA$991.5K) do not cover its long term liabilities (CA$3.5M).
Debt to Equity History and Analysis
Debt Level: KLX has more cash than its total debt.
Reducing Debt: KLX's debt to equity ratio has reduced from 214.3% to 5% 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: KLX has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: KLX is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.