Lifeist Wellness Balance Sheet Health
Financial Health criteria checks 5/6
Lifeist Wellness has a total shareholder equity of CA$1.1M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$13.2M and CA$12.1M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$1.65m |
| Equity | CA$1.08m |
| Total liabilities | CA$12.14m |
| Total assets | CA$13.23m |
Recent financial health updates
Recent updates
Lacklustre Performance Is Driving Lifeist Wellness Inc.'s (CVE:LFST) 50% Price Drop
Mar 19
Lacklustre Performance Is Driving Lifeist Wellness Inc.'s (CVE:LFST) 33% Price Drop
Feb 03Lifeist Wellness Inc. (CVE:LFST) Stock Rockets 50% As Investors Are Less Pessimistic Than Expected
Dec 20Sentiment Still Eluding Lifeist Wellness Inc. (CVE:LFST)
Apr 17If You Had Bought Namaste Technologies' (CVE:N) Shares Three Years Ago You Would Be Down 89%
Jan 14Financial Position Analysis
Short Term Liabilities: LFST's short term assets (CA$8.9M) do not cover its short term liabilities (CA$11.3M).
Long Term Liabilities: LFST's short term assets (CA$8.9M) exceed its long term liabilities (CA$821.1K).
Debt to Equity History and Analysis
Debt Level: LFST is debt free.
Reducing Debt: LFST has no debt compared to 5 years ago when its debt to equity ratio was 0.03%.
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: LFST has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: LFST has sufficient cash runway for 2.4 years if free cash flow continues to grow at historical rates of 14.5% each year.