Forbidden Spirits Distilling Financial Health
How is Forbidden Spirits Distilling's financial position?
Financial Health Score3/6
Financial Health Score 3/6
Short Term Liabilities
Long Term Liabilities
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.
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.