KWESST Micro Systems Balance Sheet Health
Financial Health criteria checks 6/6
KWESST Micro Systems has a total shareholder equity of CA$3.1M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$6.7M and CA$3.6M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$1.18m |
| Equity | CA$3.15m |
| Total liabilities | CA$3.59m |
| Total assets | CA$6.74m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 62U's short term assets (CA$2.7M) exceed its short term liabilities (CA$2.3M).
Long Term Liabilities: 62U's short term assets (CA$2.7M) exceed its long term liabilities (CA$1.3M).
Debt to Equity History and Analysis
Debt Level: 62U is debt free.
Reducing Debt: 62U currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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: 62U has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: 62U is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.