Organto Foods Balance Sheet Health

Financial Health criteria checks 0/6

Organto Foods has a total shareholder equity of CA$-15.5M and total debt of CA$11.3M, which brings its debt-to-equity ratio to -73%. Its total assets and total liabilities are CA$6.9M and CA$22.5M respectively.

Key information

-73.0%

Debt to equity ratio

CA$11.34m

Debt

Interest coverage ration/a
CashCA$195.05k
Equity-CA$15.54m
Total liabilitiesCA$22.45m
Total assetsCA$6.92m

Recent financial health updates

Recent updates

Organto Foods Inc.'s (CVE:OGO) Shares Leap 62% Yet They're Still Not Telling The Full Story

Mar 29
Organto Foods Inc.'s (CVE:OGO) Shares Leap 62% Yet They're Still Not Telling The Full Story

Slammed 31% Organto Foods Inc. (CVE:OGO) Screens Well Here But There Might Be A Catch

Jan 31
Slammed 31% Organto Foods Inc. (CVE:OGO) Screens Well Here But There Might Be A Catch

Organto Foods Inc. (CVE:OGO) Could Be Riskier Than It Looks

Apr 17
Organto Foods Inc. (CVE:OGO) Could Be Riskier Than It Looks

Would Organto Foods (CVE:OGO) Be Better Off With Less Debt?

Dec 07
Would Organto Foods (CVE:OGO) Be Better Off With Less Debt?

Does Organto Foods (CVE:OGO) Have A Healthy Balance Sheet?

Aug 24
Does Organto Foods (CVE:OGO) Have A Healthy Balance Sheet?

Organto Foods' (CVE:OGO) Wonderful 358% Share Price Increase Shows How Capitalism Can Build Wealth

Dec 28
Organto Foods' (CVE:OGO) Wonderful 358% Share Price Increase Shows How Capitalism Can Build Wealth

Financial Position Analysis

Short Term Liabilities: OGO has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: OGO has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: OGO has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: OGO's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


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: Insufficient data to determine if OGO has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if OGO has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


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