DIAGNOS Balance Sheet Health
Financial Health criteria checks 2/6
DIAGNOS has a total shareholder equity of CA$-914.7K and total debt of CA$3.0M, which brings its debt-to-equity ratio to -332.7%. Its total assets and total liabilities are CA$2.8M and CA$3.8M respectively.
Key information
-332.7%
Debt to equity ratio
CA$3.04m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$2.49m |
| Equity | -CA$914.66k |
| Total liabilities | CA$3.76m |
| Total assets | CA$2.85m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ADK has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: ADK has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: ADK has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: ADK's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: ADK has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: ADK is forecast to have sufficient cash runway for 11 months based on free cash flow estimates, but has since raised additional capital.