Right Season Investments Balance Sheet Health
Financial Health criteria checks 6/6
Right Season Investments has a total shareholder equity of CA$3.3M and total debt of CA$183.5K, which brings its debt-to-equity ratio to 5.5%. Its total assets and total liabilities are CA$4.0M and CA$676.4K respectively.
Key information
5.5%
Debt to equity ratio
CA$183.50k
Debt
Interest coverage ratio | n/a |
Cash | CA$3.64m |
Equity | CA$3.31m |
Total liabilities | CA$676.45k |
Total assets | CA$3.98m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LITT's short term assets (CA$3.7M) exceed its short term liabilities (CA$676.4K).
Long Term Liabilities: LITT has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: LITT has more cash than its total debt.
Reducing Debt: LITT had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: LITT has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: LITT has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 9.6% each year