Avricore Health Balance Sheet Health

Financial Health criteria checks 6/6

Avricore Health has a total shareholder equity of CA$2.5M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$3.0M and CA$535.4K respectively. Avricore Health's EBIT is CA$170.7K making its interest coverage ratio -155.5. It has cash and short-term investments of CA$790.5K.

Key information

0%

Debt to equity ratio

CA$0

Debt

Interest coverage ratio-155.5x
CashCA$790.52k
EquityCA$2.49m
Total liabilitiesCA$535.37k
Total assetsCA$3.02m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: AVCR's short term assets (CA$1.4M) exceed its short term liabilities (CA$535.4K).

Long Term Liabilities: AVCR has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: AVCR is debt free.

Reducing Debt: AVCR had no debt 5 years ago.

Debt Coverage: AVCR has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: AVCR has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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