NameSilo Technologies Balance Sheet Health
Financial Health criteria checks 5/6
NameSilo Technologies has a total shareholder equity of CA$3.1M and total debt of CA$3.8M, which brings its debt-to-equity ratio to 121.6%. Its total assets and total liabilities are CA$46.1M and CA$42.9M respectively. NameSilo Technologies's EBIT is CA$3.4M making its interest coverage ratio 4.8. It has cash and short-term investments of CA$2.9M.
Key information
121.6%
Debt to equity ratio
CA$3.83m
Debt
| Interest coverage ratio | 4.8x |
| Cash | CA$2.91m |
| Equity | CA$3.15m |
| Total liabilities | CA$42.95m |
| Total assets | CA$46.09m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: URL's short term assets (CA$29.6M) do not cover its short term liabilities (CA$41.5M).
Long Term Liabilities: URL's short term assets (CA$29.6M) exceed its long term liabilities (CA$1.4M).
Debt to Equity History and Analysis
Debt Level: URL's net debt to equity ratio (29.1%) is considered satisfactory.
Reducing Debt: URL's debt to equity ratio has reduced from 140% to 121.6% over the past 5 years.
Debt Coverage: URL's debt is well covered by operating cash flow (86%).
Interest Coverage: URL's interest payments on its debt are well covered by EBIT (4.8x coverage).