1CM Balance Sheet Health
Financial Health criteria checks 5/6
1CM has a total shareholder equity of CA$26.3M and total debt of CA$1.4M, which brings its debt-to-equity ratio to 5.5%. Its total assets and total liabilities are CA$35.3M and CA$9.0M respectively. 1CM's EBIT is CA$688.9K making its interest coverage ratio 0.7. It has cash and short-term investments of CA$3.7M.
Key information
5.5%
Debt to equity ratio
CA$1.44m
Debt
Interest coverage ratio | 0.7x |
Cash | CA$3.73m |
Equity | CA$26.28m |
Total liabilities | CA$9.00m |
Total assets | CA$35.28m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: EPIC's short term assets (CA$9.2M) exceed its short term liabilities (CA$3.9M).
Long Term Liabilities: EPIC's short term assets (CA$9.2M) exceed its long term liabilities (CA$5.1M).
Debt to Equity History and Analysis
Debt Level: EPIC has more cash than its total debt.
Reducing Debt: EPIC's debt to equity ratio has reduced from 8.6% to 5.5% 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: EPIC has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: EPIC has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 9.4% each year.