Canadian Nexus Team Ventures Balance Sheet Health
Financial Health criteria checks 5/6
Canadian Nexus Team Ventures has a total shareholder equity of CA$662.3K and total debt of CA$420.2K, which brings its debt-to-equity ratio to 63.4%. Its total assets and total liabilities are CA$1.4M and CA$765.7K respectively.
Key information
63.4%
Debt to equity ratio
CA$420.25k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$1.36m |
| Equity | CA$662.33k |
| Total liabilities | CA$765.70k |
| Total assets | CA$1.43m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TEAM's short term assets (CA$1.4M) exceed its short term liabilities (CA$765.7K).
Long Term Liabilities: TEAM has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: TEAM has more cash than its total debt.
Reducing Debt: TEAM's debt to equity ratio has increased from 0% to 63.4% 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: TEAM has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: TEAM has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 23.2% each year