Kadestone Capital Balance Sheet Health
Financial Health criteria checks 3/6
Kadestone Capital has a total shareholder equity of CA$9.3M and total debt of CA$16.4M, which brings its debt-to-equity ratio to 176.7%. Its total assets and total liabilities are CA$26.5M and CA$17.3M respectively.
Key information
176.7%
Debt to equity ratio
CA$16.40m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$3.36m |
| Equity | CA$9.28m |
| Total liabilities | CA$17.26m |
| Total assets | CA$26.54m |
Financial Position Analysis
Short Term Liabilities: KDSX's short term assets (CA$3.7M) do not cover its short term liabilities (CA$17.3M).
Long Term Liabilities: KDSX has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: KDSX's net debt to equity ratio (140.5%) 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 1.3 years if free cash flow continues to reduce at historical rates of 19.9% each year.