Draxos Capital Balance Sheet Health
Financial Health criteria checks 6/6
Draxos Capital has a total shareholder equity of CA$148.8K and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$160.3K and CA$11.6K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$146.30k |
Equity | CA$148.77k |
Total liabilities | CA$11.58k |
Total assets | CA$160.35k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DRAX.P's short term assets (CA$160.3K) exceed its short term liabilities (CA$11.6K).
Long Term Liabilities: DRAX.P's short term assets (CA$160.3K) exceed its long term liabilities (CA$1.0).
Debt to Equity History and Analysis
Debt Level: DRAX.P is debt free.
Reducing Debt: DRAX.P has not had any debt for 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: DRAX.P has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: DRAX.P has sufficient cash runway for 2.4 years if free cash flow continues to reduce at historical rates of 33.2% each year.