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 |
Cash | CA$790.52k |
Equity | CA$2.49m |
Total liabilities | CA$535.37k |
Total assets | CA$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.