Playground Ventures Balance Sheet Health
Financial Health criteria checks 0/6
Playground Ventures has a total shareholder equity of CA$-389.2K and total debt of CA$12.4K, which brings its debt-to-equity ratio to -3.2%. Its total assets and total liabilities are CA$31.0K and CA$420.2K respectively.
Key information
-3.2%
Debt to equity ratio
CA$12.38k
Debt
Interest coverage ratio | n/a |
Cash | CA$125.00 |
Equity | -CA$389.18k |
Total liabilities | CA$420.18k |
Total assets | CA$31.00k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PLAY has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: PLAY has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: PLAY has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: PLAY's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: PLAY's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if PLAY's interest payments on its debt are well covered by EBIT.