Neighbourly Pharmacy Balance Sheet Health
Financial Health criteria checks 3/6
Neighbourly Pharmacy has a total shareholder equity of CA$590.6M and total debt of CA$263.1M, which brings its debt-to-equity ratio to 44.5%. Its total assets and total liabilities are CA$1.1B and CA$521.8M respectively. Neighbourly Pharmacy's EBIT is CA$13.1M making its interest coverage ratio 0.4. It has cash and short-term investments of CA$17.5M.
Key information
44.5%
Debt to equity ratio
CA$263.07m
Debt
| Interest coverage ratio | 0.4x |
| Cash | CA$17.49m |
| Equity | CA$590.65m |
| Total liabilities | CA$521.83m |
| Total assets | CA$1.11b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7RQ's short term assets (CA$160.1M) exceed its short term liabilities (CA$140.5M).
Long Term Liabilities: 7RQ's short term assets (CA$160.1M) do not cover its long term liabilities (CA$381.3M).
Debt to Equity History and Analysis
Debt Level: 7RQ's net debt to equity ratio (41.6%) is considered high.
Reducing Debt: Insufficient data to determine if 7RQ's debt to equity ratio has reduced 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 7RQ has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 7RQ is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 26.9% per year.