Scope Technologies Balance Sheet Health
Financial Health criteria checks 6/6
Scope Technologies has a total shareholder equity of CA$1.3M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$1.3M and CA$38.9K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$1.26m |
| Equity | CA$1.29m |
| Total liabilities | CA$38.86k |
| Total assets | CA$1.33m |
Financial Position Analysis
Short Term Liabilities: SCPE's short term assets (CA$1.3M) exceed its short term liabilities (CA$38.9K).
Long Term Liabilities: SCPE has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: SCPE is debt free.
Reducing Debt: SCPE 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: SCPE has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: SCPE has sufficient cash runway for 1.2 years if free cash flow continues to reduce at historical rates of 49.5% each year.