Cult Food Science Balance Sheet Health
Financial Health criteria checks 3/6
Cult Food Science has a total shareholder equity of CA$4.6M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$5.0M and CA$460.4K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$319.84k |
| Equity | CA$4.57m |
| Total liabilities | CA$460.45k |
| Total assets | CA$5.03m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: CULT's short term assets (CA$385.0K) do not cover its short term liabilities (CA$460.4K).
Long Term Liabilities: CULT has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: CULT is debt free.
Reducing Debt: CULT had no debt 5 years ago.
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: CULT has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: CULT has less than a year of cash runway if free cash flow continues to reduce at historical rates of 26.8% each year