SLANG Worldwide Balance Sheet Health
Financial Health criteria checks 1/6
SLANG Worldwide has a total shareholder equity of CA$-10.3M and total debt of CA$28.6M, which brings its debt-to-equity ratio to -278%. Its total assets and total liabilities are CA$30.8M and CA$41.0M respectively.
Key information
-278.0%
Debt to equity ratio
CA$28.57m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$4.27m |
| Equity | -CA$10.28m |
| Total liabilities | CA$41.03m |
| Total assets | CA$30.75m |
Recent financial health updates
Health Check: How Prudently Does SLANG Worldwide (CSE:SLNG) Use Debt?
Dec 26
Is SLANG Worldwide (CSE:SLNG) A Risky Investment?
Sep 09Is SLANG Worldwide (CSE:SLNG) A Risky Investment?
May 26Health Check: How Prudently Does SLANG Worldwide (CSE:SLNG) Use Debt?
Mar 28Is SLANG Worldwide (CSE:SLNG) Using Too Much Debt?
Dec 11Recent updates
Health Check: How Prudently Does SLANG Worldwide (CSE:SLNG) Use Debt?
Dec 26Is SLANG Worldwide (CSE:SLNG) A Risky Investment?
Sep 09Is SLANG Worldwide (CSE:SLNG) A Risky Investment?
May 26Health Check: How Prudently Does SLANG Worldwide (CSE:SLNG) Use Debt?
Mar 28Is SLANG Worldwide (CSE:SLNG) Using Too Much Debt?
Dec 11The SLANG Worldwide (CSE:SLNG) Share Price Is Up 92% And Shareholders Are Holding On
Mar 02Financial Position Analysis
Short Term Liabilities: SLNG has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: SLNG 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: SLNG has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: SLNG's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: SLNG has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: SLNG has less than a year of cash runway if free cash flow continues to grow at historical rates of 22.8% each year.