International Parkside Products Balance Sheet Health
Financial Health criteria checks 6/6
International Parkside Products has a total shareholder equity of CA$424.7K and total debt of CA$75.0K, which brings its debt-to-equity ratio to 17.7%. Its total assets and total liabilities are CA$1.6M and CA$1.2M respectively.
Key information
17.7%
Debt to equity ratio
CA$75.00k
Debt
Interest coverage ratio | n/a |
Cash | CA$277.67k |
Equity | CA$424.75k |
Total liabilities | CA$1.20m |
Total assets | CA$1.62m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: IPD's short term assets (CA$1.2M) exceed its short term liabilities (CA$1.1M).
Long Term Liabilities: IPD's short term assets (CA$1.2M) exceed its long term liabilities (CA$78.1K).
Debt to Equity History and Analysis
Debt Level: IPD has more cash than its total debt.
Reducing Debt: IPD's debt to equity ratio has reduced from 26.2% 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: Whilst unprofitable IPD has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: IPD is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 7.9% per year.