Sernova Balance Sheet Health
Financial Health criteria checks 4/6
Sernova has a total shareholder equity of CA$3.8M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$18.6M and CA$14.7M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$15.55m |
Equity | CA$3.83m |
Total liabilities | CA$14.74m |
Total assets | CA$18.57m |
Recent financial health updates
Companies Like Sernova (TSE:SVA) Are In A Position To Invest In Growth
Jan 10We're Keeping An Eye On Sernova's (TSE:SVA) Cash Burn Rate
Sep 01We Think Sernova (TSE:SVA) Can Afford To Drive Business Growth
May 03We Think Sernova (TSE:SVA) Can Afford To Drive Business Growth
Sep 27Here's Why We're Not At All Concerned With Sernova's (CVE:SVA) Cash Burn Situation
Feb 23We Think Sernova (CVE:SVA) Can Easily Afford To Drive Business Growth
Aug 11Recent updates
Companies Like Sernova (TSE:SVA) Are In A Position To Invest In Growth
Jan 10We're Keeping An Eye On Sernova's (TSE:SVA) Cash Burn Rate
Sep 01We Think Sernova (TSE:SVA) Can Afford To Drive Business Growth
May 03We Think Sernova (TSE:SVA) Can Afford To Drive Business Growth
Sep 27Here's Why We're Not At All Concerned With Sernova's (CVE:SVA) Cash Burn Situation
Feb 23We Think Sernova (CVE:SVA) Can Easily Afford To Drive Business Growth
Aug 11Financial Position Analysis
Short Term Liabilities: SVA's short term assets (CA$17.1M) exceed its short term liabilities (CA$14.2M).
Long Term Liabilities: SVA's short term assets (CA$17.1M) exceed its long term liabilities (CA$546.5K).
Debt to Equity History and Analysis
Debt Level: SVA is debt free.
Reducing Debt: SVA had no debt 5 years ago.
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: SVA has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if SVA has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.