Kaizen Discovery Balance Sheet Health

Financial Health criteria checks 1/6

Kaizen Discovery has a total shareholder equity of CA$2.3M and total debt of CA$1.5M, which brings its debt-to-equity ratio to 66.3%. Its total assets and total liabilities are CA$4.1M and CA$1.8M respectively.

Key information

66.3%

Debt to equity ratio

CA$1.54m

Debt

Interest coverage ration/a
CashCA$335.00k
EquityCA$2.32m
Total liabilitiesCA$1.83m
Total assetsCA$4.15m

Recent financial health updates

Here's Why We're Not Too Worried About Kaizen Discovery's (CVE:KZD) Cash Burn Situation

Mar 02
Here's Why We're Not Too Worried About Kaizen Discovery's (CVE:KZD) Cash Burn Situation

Recent updates

Here's Why We're Not Too Worried About Kaizen Discovery's (CVE:KZD) Cash Burn Situation

Mar 02
Here's Why We're Not Too Worried About Kaizen Discovery's (CVE:KZD) Cash Burn Situation

Financial Position Analysis

Short Term Liabilities: KZD's short term assets (CA$639.0K) do not cover its short term liabilities (CA$1.8M).

Long Term Liabilities: KZD has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: KZD's net debt to equity ratio (51.9%) is considered high.

Reducing Debt: KZD's debt to equity ratio has increased from 0% to 66.3% 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: KZD has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: KZD has less than a year of cash runway if free cash flow continues to reduce at historical rates of 9.6% each year


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