Canadian Nexus Team Ventures Balance Sheet Health
Financial Health criteria checks 5/6
Canadian Nexus Team Ventures has a total shareholder equity of CA$810.9K and total debt of CA$335.6K, which brings its debt-to-equity ratio to 41.4%. Its total assets and total liabilities are CA$1.4M and CA$615.6K respectively.
Key information
41.4%
Debt to equity ratio
CA$335.58k
Debt
Interest coverage ratio | n/a |
Cash | CA$1.36m |
Equity | CA$810.90k |
Total liabilities | CA$615.57k |
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$615.6K).
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 41.4% 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 20.3% each year