Kadestone Capital Balance Sheet Health
Financial Health criteria checks 3/6
Kadestone Capital has a total shareholder equity of CA$9.6M and total debt of CA$15.9M, which brings its debt-to-equity ratio to 166.2%. Its total assets and total liabilities are CA$25.7M and CA$16.1M respectively.
Key information
166.2%
Debt to equity ratio
CA$15.87m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$6.90m |
| Equity | CA$9.55m |
| Total liabilities | CA$16.14m |
| Total assets | CA$25.69m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: KDSX's short term assets (CA$7.2M) do not cover its short term liabilities (CA$11.0M).
Long Term Liabilities: KDSX's short term assets (CA$7.2M) exceed its long term liabilities (CA$5.2M).
Debt to Equity History and Analysis
Debt Level: KDSX's net debt to equity ratio (93.9%) 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 2.1 years if free cash flow continues to reduce at historical rates of 25.7% each year.