genifi Balance Sheet Health
Financial Health criteria checks 6/6
genifi has a total shareholder equity of CA$2.6M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$3.1M and CA$484.2K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$2.20m |
| Equity | CA$2.57m |
| Total liabilities | CA$484.19k |
| Total assets | CA$3.05m |
Recent financial health updates
No updates
Recent updates
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Dec 28Financial Position Analysis
Short Term Liabilities: GNFI's short term assets (CA$3.0M) exceed its short term liabilities (CA$484.2K).
Long Term Liabilities: GNFI has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: GNFI is debt free.
Reducing Debt: GNFI 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: GNFI has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: GNFI has sufficient cash runway for 2.3 years if free cash flow continues to reduce at historical rates of 47.5% each year.