Forbidden Spirits Distilling Balance Sheet Health
Financial Health criteria checks 1/6
Forbidden Spirits Distilling has a total shareholder equity of CA$1.4M and total debt of CA$899.5K, which brings its debt-to-equity ratio to 63.3%. Its total assets and total liabilities are CA$3.6M and CA$2.2M respectively.
Key information
63.3%
Debt to equity ratio
CA$899.47k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$210.11k |
| Equity | CA$1.42m |
| Total liabilities | CA$2.17m |
| Total assets | CA$3.59m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VDKA's short term assets (CA$1.0M) exceed its short term liabilities (CA$936.6K).
Long Term Liabilities: VDKA's short term assets (CA$1.0M) do not cover its long term liabilities (CA$1.2M).
Debt to Equity History and Analysis
Debt Level: VDKA's net debt to equity ratio (48.5%) 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: Insufficient data to determine if VDKA has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if VDKA has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.