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CoinSmart Financial Balance Sheet Health
Financial Health criteria checks 5/6
CoinSmart Financial has a total shareholder equity of CA$8.8M and total debt of CA$670.5K, which brings its debt-to-equity ratio to 7.6%. Its total assets and total liabilities are CA$69.8M and CA$61.0M respectively.
Key information
7.6%
Debt to equity ratio
CA$670.50k
Debt
Interest coverage ratio | n/a |
Cash | CA$22.82m |
Equity | CA$8.78m |
Total liabilities | CA$61.00m |
Total assets | CA$69.78m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SMRT's short term assets (CA$69.3M) exceed its short term liabilities (CA$60.9M).
Long Term Liabilities: SMRT's short term assets (CA$69.3M) exceed its long term liabilities (CA$113.1K).
Debt to Equity History and Analysis
Debt Level: SMRT has more cash than its total debt.
Reducing Debt: Insufficient data to determine if SMRT'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: SMRT has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: SMRT has sufficient cash runway for 2.8 years if free cash flow continues to grow at historical rates of 0.7% each year.