Forbidden Spirits Distilling

TSXV:VDKA Stock Report

Mkt Cap: CA$915.1k

Forbidden Spirits Distilling Financial Health

How is Forbidden Spirits Distilling's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: VDKA's short term assets (CA$910.9K) exceed its short term liabilities (CA$887.0K).

Long Term Liabilities: VDKA's short term assets (CA$910.9K) do not cover its long term liabilities (CA$1.3M).


Debt to Equity History and Analysis

Debt Level: VDKA's net debt to equity ratio (47.2%) is considered high.

Reducing Debt: Insufficient data to determine if VDKA's debt to equity ratio has reduced 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: VDKA has sufficient cash runway for 0 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: VDKA is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.


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