Deveron Balance Sheet Health
Financial Health criteria checks 2/6
Deveron has a total shareholder equity of CA$29.2M and total debt of CA$44.0M, which brings its debt-to-equity ratio to 150.9%. Its total assets and total liabilities are CA$102.5M and CA$73.3M respectively.
Key information
150.9%
Debt to equity ratio
CA$43.99m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$1.09m |
| Equity | CA$29.15m |
| Total liabilities | CA$73.30m |
| Total assets | CA$102.45m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1LSA's short term assets (CA$5.6M) do not cover its short term liabilities (CA$14.5M).
Long Term Liabilities: 1LSA's short term assets (CA$5.6M) do not cover its long term liabilities (CA$58.8M).
Debt to Equity History and Analysis
Debt Level: 1LSA's net debt to equity ratio (147.1%) is considered high.
Reducing Debt: 1LSA's debt to equity ratio has increased from 0% to 150.9% over the past 5 years.
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 1LSA has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 1LSA is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 22.6% per year.