Scryb Balance Sheet Health
Financial Health criteria checks 4/6
Scryb has a total shareholder equity of CA$4.7M and total debt of CA$187.1K, which brings its debt-to-equity ratio to 4%. Its total assets and total liabilities are CA$11.0M and CA$6.3M respectively.
Key information
4.0%
Debt to equity ratio
CA$187.06k
Debt
Interest coverage ratio | n/a |
Cash | CA$18.73k |
Equity | CA$4.71m |
Total liabilities | CA$6.27m |
Total assets | CA$10.98m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: SCYB's short term assets (CA$2.9M) do not cover its short term liabilities (CA$6.1M).
Long Term Liabilities: SCYB's short term assets (CA$2.9M) exceed its long term liabilities (CA$127.1K).
Debt to Equity History and Analysis
Debt Level: SCYB's net debt to equity ratio (3.6%) is considered satisfactory.
Reducing Debt: SCYB's debt to equity ratio has increased from 0% to 4% 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: SCYB has sufficient cash runway for 0 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: SCYB is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.