Smooth Rock Ventures Balance Sheet Health
Financial Health criteria checks 5/6
Smooth Rock Ventures has a total shareholder equity of CA$904.5K and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$1.8M and CA$916.0K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$355.85k |
| Equity | CA$904.47k |
| Total liabilities | CA$915.97k |
| Total assets | CA$1.82m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SMRV's short term assets (CA$356.9K) do not cover its short term liabilities (CA$916.0K).
Long Term Liabilities: SMRV has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: SMRV is debt free.
Reducing Debt: SMRV had no debt 5 years ago.
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: SMRV has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: SMRV has sufficient cash runway for 1.7 years if free cash flow continues to grow at historical rates of 10.4% each year.