Pathfinder Ventures Balance Sheet Health
Financial Health criteria checks 2/6
Pathfinder Ventures has a total shareholder equity of CA$1.8M and total debt of CA$10.5M, which brings its debt-to-equity ratio to 594.1%. Its total assets and total liabilities are CA$14.1M and CA$12.3M respectively.
Key information
594.1%
Debt to equity ratio
CA$10.55m
Debt
Interest coverage ratio | n/a |
Cash | CA$492.62k |
Equity | CA$1.78m |
Total liabilities | CA$12.28m |
Total assets | CA$14.05m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: RV's short term assets (CA$920.6K) do not cover its short term liabilities (CA$5.9M).
Long Term Liabilities: RV's short term assets (CA$920.6K) do not cover its long term liabilities (CA$6.4M).
Debt to Equity History and Analysis
Debt Level: RV's net debt to equity ratio (566.3%) is considered high.
Reducing Debt: Insufficient data to determine if RV's debt to equity ratio has reduced 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: RV has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: RV is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.