Legend Power Systems Balance Sheet Health
Financial Health criteria checks 4/6
Legend Power Systems has a total shareholder equity of CA$3.0M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$4.2M and CA$1.2M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$1.41m |
| Equity | CA$2.99m |
| Total liabilities | CA$1.21m |
| Total assets | CA$4.20m |
Recent financial health updates
Here's Why We're Watching Legend Power Systems' (CVE:LPS) Cash Burn Situation
Dec 13
We Think Legend Power Systems (CVE:LPS) Needs To Drive Business Growth Carefully
Aug 15We're Interested To See How Legend Power Systems (CVE:LPS) Uses Its Cash Hoard To Grow
Apr 30We're Not Worried About Legend Power Systems' (CVE:LPS) Cash Burn
Jan 07Recent updates
Here's Why We're Watching Legend Power Systems' (CVE:LPS) Cash Burn Situation
Dec 13We Think Legend Power Systems (CVE:LPS) Needs To Drive Business Growth Carefully
Aug 15We're Interested To See How Legend Power Systems (CVE:LPS) Uses Its Cash Hoard To Grow
Apr 30We're Not Worried About Legend Power Systems' (CVE:LPS) Cash Burn
Jan 07Calculating The Fair Value Of Legend Power Systems Inc. (CVE:LPS)
Jun 22If You Had Bought Legend Power Systems (CVE:LPS) Stock A Year Ago, You Could Pocket A 241% Gain Today
Jan 11
Financial Position Analysis
Short Term Liabilities: LPS's short term assets (CA$3.7M) exceed its short term liabilities (CA$875.1K).
Long Term Liabilities: LPS's short term assets (CA$3.7M) exceed its long term liabilities (CA$331.2K).
Debt to Equity History and Analysis
Debt Level: LPS is debt free.
Reducing Debt: LPS 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: LPS has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: LPS has less than a year of cash runway if free cash flow continues to reduce at historical rates of 3.9% each year