Trenchant Technologies Capital Corp.

CNSX:AITT Stock Report

Market Cap: CA$7.4m

Trenchant Technologies Capital Balance Sheet Health

Financial Health criteria checks 4/6

Trenchant Technologies Capital has a total shareholder equity of CA$2.9M and total debt of CA$450.0K, which brings its debt-to-equity ratio to 15.4%. Its total assets and total liabilities are CA$4.5M and CA$1.6M respectively.

Key information

15.4%

Debt to equity ratio

CA$450.00k

Debt

Interest coverage ration/a
CashCA$36.54k
EquityCA$2.93m
Total liabilitiesCA$1.56m
Total assetsCA$4.49m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: AITT's short term assets (CA$47.2K) do not cover its short term liabilities (CA$1.0M).

Long Term Liabilities: AITT's short term assets (CA$47.2K) do not cover its long term liabilities (CA$524.7K).


Debt to Equity History and Analysis

Debt Level: AITT's net debt to equity ratio (14.1%) is considered satisfactory.

Reducing Debt: AITT's debt to equity ratio has reduced from 902.4% to 15.4% 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: AITT has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: AITT is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.


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