Toronto Cleantech Capital Balance Sheet Health
Financial Health criteria checks 6/6
Toronto Cleantech Capital has a total shareholder equity of CA$694.2K and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$699.9K and CA$14.0K respectively. Toronto Cleantech Capital's EBIT is CA$65.4K making its interest coverage ratio -12.7. It has cash and short-term investments of CA$699.9K.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | -12.7x |
Cash | CA$699.87k |
Equity | CA$694.25k |
Total liabilities | CA$14.03k |
Total assets | CA$699.87k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: YAY.P's short term assets (CA$699.9K) exceed its short term liabilities (CA$8.4K).
Long Term Liabilities: YAY.P's short term assets (CA$699.9K) exceed its long term liabilities (CA$5.6K).
Debt to Equity History and Analysis
Debt Level: YAY.P is debt free.
Reducing Debt: YAY.P has not had any debt for past 5 years.
Debt Coverage: YAY.P has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: YAY.P has no debt, therefore coverage of interest payments is not a concern.