Digicann Ventures Balance Sheet Health
Financial Health criteria checks 0/6
Digicann Ventures has a total shareholder equity of CA$-620.4K and total debt of CA$1.1M, which brings its debt-to-equity ratio to -185.3%. Its total assets and total liabilities are CA$739.2K and CA$1.4M respectively.
Key information
-185.3%
Debt to equity ratio
CA$1.15m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$739.19k |
| Equity | -CA$620.36k |
| Total liabilities | CA$1.36m |
| Total assets | CA$739.19k |
Financial Position Analysis
Short Term Liabilities: DCNN has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: DCNN 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: DCNN has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: DCNN's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: DCNN's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if DCNN's interest payments on its debt are well covered by EBIT.