Carbon Done Right Developments Balance Sheet Health
Financial Health criteria checks 4/6
Carbon Done Right Developments has a total shareholder equity of CA$4.9M and total debt of CA$869.6K, which brings its debt-to-equity ratio to 17.7%. Its total assets and total liabilities are CA$12.0M and CA$7.1M respectively.
Key information
17.7%
Debt to equity ratio
CA$869.60k
Debt
Interest coverage ratio | n/a |
Cash | CA$147.75k |
Equity | CA$4.92m |
Total liabilities | CA$7.10m |
Total assets | CA$12.02m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KLX's short term assets (CA$473.0K) do not cover its short term liabilities (CA$3.1M).
Long Term Liabilities: KLX's short term assets (CA$473.0K) do not cover its long term liabilities (CA$4.0M).
Debt to Equity History and Analysis
Debt Level: KLX's net debt to equity ratio (14.7%) is considered satisfactory.
Reducing Debt: KLX's debt to equity ratio has reduced from 887.7% to 17.7% 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 0 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 1 months based on free cash flow estimates, but has since raised additional capital.