CloudMD Software & Services Balance Sheet Health
Financial Health criteria checks 3/6
CloudMD Software & Services has a total shareholder equity of CA$96.7M and total debt of CA$19.3M, which brings its debt-to-equity ratio to 20%. Its total assets and total liabilities are CA$155.8M and CA$59.1M respectively.
Key information
20.0%
Debt to equity ratio
CA$19.34m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$13.29m |
| Equity | CA$96.70m |
| Total liabilities | CA$59.08m |
| Total assets | CA$155.77m |
Recent financial health updates
Is CloudMD Software & Services (CVE:DOC) Weighed On By Its Debt Load?
Jan 12
Is CloudMD Software & Services (CVE:DOC) Using Debt In A Risky Way?
May 04Is CloudMD Software & Services (CVE:DOC) A Risky Investment?
Jan 20Here's Why CloudMD Software & Services (CVE:DOC) Can Manage Its Debt Despite Losing Money
Jun 07Recent updates
CloudMD Software & Services Inc. (CVE:DOC) Stock Rockets 27% As Investors Are Less Pessimistic Than Expected
Mar 08CloudMD Software & Services Inc.'s (CVE:DOC) 28% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio
Oct 21Is CloudMD Software & Services (CVE:DOC) Weighed On By Its Debt Load?
Jan 12Is Now The Time To Look At Buying CloudMD Software & Services Inc. (CVE:DOC)?
Aug 09CloudMD Software & Services Inc.'s (CVE:DOC) Intrinsic Value Is Potentially 39% Above Its Share Price
Jun 20Is CloudMD Software & Services (CVE:DOC) Using Debt In A Risky Way?
May 04Is CloudMD Software & Services (CVE:DOC) A Risky Investment?
Jan 20Here's Why CloudMD Software & Services (CVE:DOC) Can Manage Its Debt Despite Losing Money
Jun 07CloudMD Software & Services Inc.'s (CVE:DOC) Profit Outlook
May 12What Does CloudMD Software & Services Inc.'s (CVE:DOC) Share Price Indicate?
Apr 04Financial Position Analysis
Short Term Liabilities: DOC's short term assets (CA$41.9M) do not cover its short term liabilities (CA$43.1M).
Long Term Liabilities: DOC's short term assets (CA$41.9M) exceed its long term liabilities (CA$15.9M).
Debt to Equity History and Analysis
Debt Level: DOC's net debt to equity ratio (6.3%) is considered satisfactory.
Reducing Debt: DOC's debt to equity ratio has reduced from 27.3% to 20% 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: DOC has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: DOC has less than a year of cash runway if free cash flow continues to reduce at historical rates of 49% each year