Aduro Clean Technologies Balance Sheet Health
Financial Health criteria checks 4/6
Aduro Clean Technologies has a total shareholder equity of CA$9.8M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$10.5M and CA$646.3K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$6.00m |
| Equity | CA$9.81m |
| Total liabilities | CA$646.35k |
| Total assets | CA$10.45m |
Financial Position Analysis
Short Term Liabilities: ACT's short term assets (CA$7.0M) exceed its short term liabilities (CA$558.8K).
Long Term Liabilities: ACT's short term assets (CA$7.0M) exceed its long term liabilities (CA$87.5K).
Debt to Equity History and Analysis
Debt Level: ACT is debt free.
Reducing Debt: ACT had no debt 5 years ago.
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: ACT has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ACT has less than a year of cash runway if free cash flow continues to reduce at historical rates of 50.3% each year