KWESST Micro Systems Balance Sheet Health
Financial Health criteria checks 5/6
KWESST Micro Systems has a total shareholder equity of CA$712.4K and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$6.5M and CA$5.8M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$263.73k |
Equity | CA$712.38k |
Total liabilities | CA$5.80m |
Total assets | CA$6.52m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 62UA's short term assets (CA$2.2M) do not cover its short term liabilities (CA$4.3M).
Long Term Liabilities: 62UA's short term assets (CA$2.2M) exceed its long term liabilities (CA$1.5M).
Debt to Equity History and Analysis
Debt Level: 62UA is debt free.
Reducing Debt: 62UA 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: 62UA has sufficient cash runway for 0 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: 62UA is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.