Yorkton Equity Group Balance Sheet Health
Financial Health criteria checks 2/6
Yorkton Equity Group has a total shareholder equity of CA$20.9M and total debt of CA$76.3M, which brings its debt-to-equity ratio to 364.5%. Its total assets and total liabilities are CA$99.7M and CA$78.8M respectively. Yorkton Equity Group's EBIT is CA$2.2M making its interest coverage ratio 0.8. It has cash and short-term investments of CA$580.1K.
Key information
364.5%
Debt to equity ratio
CA$76.35m
Debt
| Interest coverage ratio | 0.8x |
| Cash | CA$580.06k |
| Equity | CA$20.95m |
| Total liabilities | CA$78.79m |
| Total assets | CA$99.74m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: YEG's short term assets (CA$3.0M) do not cover its short term liabilities (CA$4.7M).
Long Term Liabilities: YEG's short term assets (CA$3.0M) do not cover its long term liabilities (CA$74.1M).
Debt to Equity History and Analysis
Debt Level: YEG's net debt to equity ratio (361.7%) is considered high.
Reducing Debt: Insufficient data to determine if YEG'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: Whilst unprofitable YEG has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: YEG is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 65.4% per year.