Right Season Investments Balance Sheet Health
Financial Health criteria checks 6/6
Right Season Investments has a total shareholder equity of CA$5.1M and total debt of CA$183.5K, which brings its debt-to-equity ratio to 3.6%. Its total assets and total liabilities are CA$5.9M and CA$790.1K respectively.
Key information
3.6%
Debt to equity ratio
CA$183.50k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$5.52m |
| Equity | CA$5.12m |
| Total liabilities | CA$790.12k |
| Total assets | CA$5.91m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LITT's short term assets (CA$5.6M) exceed its short term liabilities (CA$790.1K).
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's debt to equity ratio has reduced from 25.2% to 3.6% 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: 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 2.1% each year