Carbon Done Right Developments Inc.

TSXV:KLX Stock Report

Market Cap: CA$3.3m

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


Debt to equity ratio



Interest coverage ration/a
Total liabilitiesCA$6.05m
Total assetsCA$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.

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Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.