Kadestone Capital Balance Sheet Health
Financial Health criteria checks 2/6
Kadestone Capital has a total shareholder equity of CA$7.8M and total debt of CA$17.0M, which brings its debt-to-equity ratio to 218.9%. Its total assets and total liabilities are CA$25.8M and CA$18.0M respectively.
Key information
218.9%
Debt to equity ratio
CA$16.97m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$3.52m |
| Equity | CA$7.76m |
| Total liabilities | CA$18.04m |
| Total assets | CA$25.80m |
Financial Position Analysis
Short Term Liabilities: KDSX's short term assets (CA$3.9M) do not cover its short term liabilities (CA$8.0M).
Long Term Liabilities: KDSX's short term assets (CA$3.9M) do not cover its long term liabilities (CA$10.1M).
Debt to Equity History and Analysis
Debt Level: KDSX's net debt to equity ratio (173.4%) is considered high.
Reducing Debt: Insufficient data to determine if KDSX'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: KDSX has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: KDSX has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 18.1% each year.