Binovi Technologies Balance Sheet Health
Financial Health criteria checks 2/6
Binovi Technologies has a total shareholder equity of CA$9.9M and total debt of CA$1.0M, which brings its debt-to-equity ratio to 10.6%. Its total assets and total liabilities are CA$12.9M and CA$3.1M respectively.
Key information
10.6%
Debt to equity ratio
CA$1.05m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$1.02m |
| Equity | CA$9.85m |
| Total liabilities | CA$3.08m |
| Total assets | CA$12.93m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: VISN's short term assets (CA$1.7M) do not cover its short term liabilities (CA$3.0M).
Long Term Liabilities: VISN's short term assets (CA$1.7M) exceed its long term liabilities (CA$129.2K).
Debt to Equity History and Analysis
Debt Level: VISN's net debt to equity ratio (0.2%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if VISN's debt to equity ratio has reduced 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: Insufficient data to determine if VISN has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if VISN has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.