Scryb Balance Sheet Health
Financial Health criteria checks 4/6
Scryb has a total shareholder equity of CA$10.8M and total debt of CA$191.6K, which brings its debt-to-equity ratio to 1.8%. Its total assets and total liabilities are CA$12.6M and CA$1.8M respectively.
Key information
1.8%
Debt to equity ratio
CA$191.60k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$65.26k |
| Equity | CA$10.76m |
| Total liabilities | CA$1.82m |
| Total assets | CA$12.58m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: SCYB's short term assets (CA$1.1M) do not cover its short term liabilities (CA$1.8M).
Long Term Liabilities: SCYB's short term assets (CA$1.1M) exceed its long term liabilities (CA$67.7K).
Debt to Equity History and Analysis
Debt Level: SCYB's net debt to equity ratio (1.2%) is considered satisfactory.
Reducing Debt: SCYB's debt to equity ratio has increased from 0% to 1.8% 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: Whilst unprofitable SCYB has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: SCYB is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 14% per year.