Carbon Done Right Developments Balance Sheet Health
Financial Health criteria checks 2/6
Carbon Done Right Developments has a total shareholder equity of CA$4.0M and total debt of CA$969.3K, which brings its debt-to-equity ratio to 24%. Its total assets and total liabilities are CA$12.2M and CA$8.2M respectively.
Key information
24.0%
Debt to equity ratio
CA$969.32k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$30.21k |
| Equity | CA$4.04m |
| Total liabilities | CA$8.17m |
| Total assets | CA$12.21m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KLX's short term assets (CA$138.8K) do not cover its short term liabilities (CA$3.7M).
Long Term Liabilities: KLX's short term assets (CA$138.8K) do not cover its long term liabilities (CA$4.5M).
Debt to Equity History and Analysis
Debt Level: KLX's net debt to equity ratio (23.2%) is considered satisfactory.
Reducing Debt: KLX 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: KLX has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: KLX has less than a year of cash runway if free cash flow continues to reduce at historical rates of 56% each year