Devonian Health Group Balance Sheet Health
Financial Health criteria checks 6/6
Devonian Health Group has a total shareholder equity of CA$13.6M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$28.6M and CA$15.0M respectively. Devonian Health Group's EBIT is CA$598.7K making its interest coverage ratio 2.6. It has cash and short-term investments of CA$8.4M.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | 2.6x |
| Cash | CA$8.42m |
| Equity | CA$13.64m |
| Total liabilities | CA$15.00m |
| Total assets | CA$28.64m |
Recent financial health updates
Is Devonian Health Group (CVE:GSD) A Risky Investment?
Mar 20
Is Devonian Health Group (CVE:GSD) Using Debt In A Risky Way?
Dec 01Is Devonian Health Group (CVE:GSD) Weighed On By Its Debt Load?
Aug 18Does Devonian Health Group (CVE:GSD) Have A Healthy Balance Sheet?
Apr 24Recent updates
Market Cool On Devonian Health Group Inc.'s (CVE:GSD) Revenues Pushing Shares 28% Lower
Apr 19Why Investors Shouldn't Be Surprised By Devonian Health Group Inc.'s (CVE:GSD) 41% Share Price Surge
Mar 02Investors Appear Satisfied With Devonian Health Group Inc.'s (CVE:GSD) Prospects As Shares Rocket 33%
Dec 01Is Devonian Health Group (CVE:GSD) A Risky Investment?
Mar 20Is Devonian Health Group (CVE:GSD) Using Debt In A Risky Way?
Dec 01Is Devonian Health Group (CVE:GSD) Weighed On By Its Debt Load?
Aug 18Does Devonian Health Group (CVE:GSD) Have A Healthy Balance Sheet?
Apr 24Does Devonian Health Group's (CVE:GSD) CEO Salary Compare Well With Industry Peers?
Mar 02Financial Position Analysis
Short Term Liabilities: GSD's short term assets (CA$16.5M) exceed its short term liabilities (CA$14.9M).
Long Term Liabilities: GSD's short term assets (CA$16.5M) exceed its long term liabilities (CA$102.3K).
Debt to Equity History and Analysis
Debt Level: GSD is debt free.
Reducing Debt: GSD has no debt compared to 5 years ago when its debt to equity ratio was 58.7%.
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: Whilst unprofitable GSD has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: GSD is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 22.2% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/02 15:29 |
| End of Day Share Price | 2025/04/07 00:00 |
| Earnings | 2025/01/31 |
| Annual Earnings | 2024/07/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Devonian Health Group Inc. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.