Volt Carbon Technologies Balance Sheet Health
Financial Health criteria checks 3/6
Volt Carbon Technologies has a total shareholder equity of CA$2.7M and total debt of CA$262.0K, which brings its debt-to-equity ratio to 9.8%. Its total assets and total liabilities are CA$4.8M and CA$2.1M respectively.
Key information
9.8%
Debt to equity ratio
CA$262.00k
Debt
Interest coverage ratio | n/a |
Cash | CA$586.49k |
Equity | CA$2.67m |
Total liabilities | CA$2.14m |
Total assets | CA$4.81m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VCT's short term assets (CA$661.7K) do not cover its short term liabilities (CA$1.3M).
Long Term Liabilities: VCT's short term assets (CA$661.7K) do not cover its long term liabilities (CA$820.9K).
Debt to Equity History and Analysis
Debt Level: VCT has more cash than its total debt.
Reducing Debt: VCT's debt to equity ratio has increased from 0% to 9.8% 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: VCT has sufficient cash runway for 6 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: VCT is forecast to have sufficient cash runway for 4 months based on free cash flow estimates, but has since raised additional capital.