New Wave Holdings Balance Sheet Health
Financial Health criteria checks 5/6
New Wave Holdings has a total shareholder equity of CA$1.9M and total debt of CA$269.7K, which brings its debt-to-equity ratio to 14.3%. Its total assets and total liabilities are CA$3.0M and CA$1.1M respectively.
Key information
14.3%
Debt to equity ratio
CA$269.69k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$2.69m |
| Equity | CA$1.88m |
| Total liabilities | CA$1.10m |
| Total assets | CA$2.98m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NWAI's short term assets (CA$3.0M) exceed its short term liabilities (CA$1.1M).
Long Term Liabilities: NWAI has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: NWAI has more cash than its total debt.
Reducing Debt: Insufficient data to determine if NWAI'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: NWAI has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: NWAI has sufficient cash runway for 2 years if free cash flow continues to grow at historical rates of 22.2% each year.