Lophos Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Lophos Holdings has a total shareholder equity of CA$1.9M and total debt of CA$2.1M, which brings its debt-to-equity ratio to 111.6%. Its total assets and total liabilities are CA$4.5M and CA$2.6M respectively.
Key information
111.6%
Debt to equity ratio
CA$2.07m
Debt
Interest coverage ratio | n/a |
Cash | CA$576.04k |
Equity | CA$1.85m |
Total liabilities | CA$2.62m |
Total assets | CA$4.47m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: MESC's short term assets (CA$775.0K) exceed its short term liabilities (CA$574.8K).
Long Term Liabilities: MESC's short term assets (CA$775.0K) do not cover its long term liabilities (CA$2.0M).
Debt to Equity History and Analysis
Debt Level: MESC's net debt to equity ratio (80.5%) is considered high.
Reducing Debt: Insufficient data to determine if MESC's debt to equity ratio has reduced 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: MESC has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: MESC has less than a year of cash runway if free cash flow continues to grow at historical rates of 35.4% each year.