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Avcorp Industries Balance Sheet Health
Financial Health criteria checks 2/6
Key information
-170.0%
Debt to equity ratio
CA$94.89m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$2.01m |
| Equity | -CA$55.81m |
| Total liabilities | CA$151.36m |
| Total assets | CA$95.55m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DO9A has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: DO9A has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: DO9A has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: DO9A's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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 DO9A has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: DO9A is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 50.8% per year.