StorageVault Canada Balance Sheet Health
Financial Health criteria checks 2/6
StorageVault Canada has a total shareholder equity of CA$163.0M and total debt of CA$1.9B, which brings its debt-to-equity ratio to 1163.8%. Its total assets and total liabilities are CA$2.2B and CA$2.1B respectively. StorageVault Canada's EBIT is CA$68.3M making its interest coverage ratio 0.7. It has cash and short-term investments of CA$12.3M.
Key information
1,163.8%
Debt to equity ratio
CA$1.90b
Debt
| Interest coverage ratio | 0.7x |
| Cash | CA$12.28m |
| Equity | CA$163.00m |
| Total liabilities | CA$2.07b |
| Total assets | CA$2.23b |
Recent financial health updates
We Think StorageVault Canada (TSE:SVI) Is Taking Some Risk With Its Debt
Jun 06
Does StorageVault Canada (TSE:SVI) Have A Healthy Balance Sheet?
Dec 28These 4 Measures Indicate That StorageVault Canada (TSE:SVI) Is Using Debt Extensively
Sep 14StorageVault Canada (TSE:SVI) Seems To Use Debt Quite Sensibly
May 12Here's Why StorageVault Canada (TSE:SVI) Can Manage Its Debt Responsibly
Oct 27StorageVault Canada (TSE:SVI) Seems To Use Debt Quite Sensibly
Jul 29Recent updates
StorageVault Canada Inc.'s (TSE:SVI) Shareholders Might Be Looking For Exit
Oct 28We Think StorageVault Canada (TSE:SVI) Is Taking Some Risk With Its Debt
Jun 06Investors Appear Satisfied With StorageVault Canada Inc.'s (TSE:SVI) Prospects
Apr 17Does StorageVault Canada (TSE:SVI) Have A Healthy Balance Sheet?
Dec 28Investors Shouldn't Be Too Comfortable With StorageVault Canada's (TSE:SVI) Earnings
Nov 01These 4 Measures Indicate That StorageVault Canada (TSE:SVI) Is Using Debt Extensively
Sep 14StorageVault Canada Inc.'s (TSE:SVI) Share Price Matching Investor Opinion
Jul 05StorageVault Canada (TSE:SVI) Seems To Use Debt Quite Sensibly
May 12Here's Why StorageVault Canada (TSE:SVI) Can Manage Its Debt Responsibly
Oct 27StorageVault Canada (TSE:SVI) Seems To Use Debt Quite Sensibly
Jul 29Is Now An Opportune Moment To Examine StorageVault Canada Inc. (TSE:SVI)?
Jul 08A Look At The Intrinsic Value Of StorageVault Canada Inc. (TSE:SVI)
May 19Is StorageVault Canada (TSE:SVI) A Risky Investment?
Apr 22StorageVault Canada Inc. (TSE:SVI) Shares Could Be 30% Above Their Intrinsic Value Estimate
Feb 04Is StorageVault Canada (CVE:SVI) A Risky Investment?
Dec 24Here's Why StorageVault Canada (CVE:SVI) Can Manage Its Debt Responsibly
Sep 21Why We Think StorageVault Canada Inc.'s (CVE:SVI) CEO Compensation Is Not Excessive At All
May 20StorageVault Canada (CVE:SVI) Has A Somewhat Strained Balance Sheet
May 11Can You Imagine How Elated StorageVault Canada's (CVE:SVI) Shareholders Feel About Its 430% Share Price Gain?
Mar 16What Type Of Shareholders Own The Most Number of StorageVault Canada Inc. (CVE:SVI) Shares?
Feb 15Is StorageVault Canada (CVE:SVI) Using Too Much Debt?
Jan 20
Financial Position Analysis
Short Term Liabilities: SVI's short term assets (CA$37.4M) do not cover its short term liabilities (CA$621.3M).
Long Term Liabilities: SVI's short term assets (CA$37.4M) do not cover its long term liabilities (CA$1.4B).
Debt to Equity History and Analysis
Debt Level: SVI's net debt to equity ratio (1156.3%) is considered high.
Reducing Debt: SVI's debt to equity ratio has increased from 418.7% to 1163.8% 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: Whilst unprofitable SVI has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: SVI is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 22.3% per year.