International Parkside Products Balance Sheet Health
Financial Health criteria checks 5/6
International Parkside Products has a total shareholder equity of CA$332.9K and total debt of CA$75.0K, which brings its debt-to-equity ratio to 22.5%. Its total assets and total liabilities are CA$1.5M and CA$1.2M respectively.
Key information
22.5%
Debt to equity ratio
CA$75.00k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$309.14k |
| Equity | CA$332.91k |
| Total liabilities | CA$1.21m |
| Total assets | CA$1.54m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: IPD's short term assets (CA$1.1M) do not cover its short term liabilities (CA$1.1M).
Long Term Liabilities: IPD's short term assets (CA$1.1M) exceed its long term liabilities (CA$68.3K).
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 30.5% to 22.5% 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: IPD has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: IPD has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 3.2% each year