Wishpond Technologies Balance Sheet Health
Financial Health criteria checks 5/6
Wishpond Technologies has a total shareholder equity of CA$9.1M and total debt of CA$1.3M, which brings its debt-to-equity ratio to 14.3%. Its total assets and total liabilities are CA$13.8M and CA$4.7M respectively.
Key information
14.3%
Debt to equity ratio
CA$1.30m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$1.08m |
| Equity | CA$9.11m |
| Total liabilities | CA$4.68m |
| Total assets | CA$13.79m |
Recent financial health updates
No updates
Recent updates
Wishpond Technologies Ltd.'s (CVE:WISH) Price Is Right But Growth Is Lacking After Shares Rocket 33%
Sep 01
Positive Sentiment Still Eludes Wishpond Technologies Ltd. (CVE:WISH) Following 26% Share Price Slump
Jul 16Wishpond Technologies Ltd. (CVE:WISH) Stock's 28% Dive Might Signal An Opportunity But It Requires Some Scrutiny
May 30A Piece Of The Puzzle Missing From Wishpond Technologies Ltd.'s (CVE:WISH) 25% Share Price Climb
Apr 05Not Many Are Piling Into Wishpond Technologies Ltd. (CVE:WISH) Stock Yet As It Plummets 31%
Dec 22Wishpond Technologies Ltd.'s (CVE:WISH) Intrinsic Value Is Potentially 85% Above Its Share Price
May 30Wishpond Technologies Ltd. (CVE:WISH) Just Reported, And Analysts Assigned A CA$1.92 Price Target
Aug 26Estimating The Fair Value Of Wishpond Technologies Ltd. (CVE:WISH)
May 28Have Insiders Been Buying Wishpond Technologies Ltd. (CVE:WISH) Shares?
Mar 11Financial Position Analysis
Short Term Liabilities: WISH's short term assets (CA$1.6M) do not cover its short term liabilities (CA$4.7M).
Long Term Liabilities: WISH has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: WISH's net debt to equity ratio (2.4%) is considered satisfactory.
Reducing Debt: WISH had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: Whilst unprofitable WISH has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: WISH is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 9.3% per year.