Reklaim Balance Sheet Health
Financial Health criteria checks 2/6
Reklaim has a total shareholder equity of CA$-306.0K and total debt of CA$916.9K, which brings its debt-to-equity ratio to -299.7%. Its total assets and total liabilities are CA$1.5M and CA$1.8M respectively. Reklaim's EBIT is CA$329.5K making its interest coverage ratio -651.2. It has cash and short-term investments of CA$394.7K.
Key information
-299.7%
Debt to equity ratio
CA$916.89k
Debt
| Interest coverage ratio | -651.2x |
| Cash | CA$394.68k |
| Equity | -CA$305.96k |
| Total liabilities | CA$1.85m |
| Total assets | CA$1.54m |
Financial Position Analysis
Short Term Liabilities: MYID has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: MYID has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: MYID has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: MYID's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: MYID's debt is well covered by operating cash flow (32.2%).
Interest Coverage: MYID earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 14:50 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Reklaim Ltd. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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