Flow Capital Balance Sheet Health
Financial Health criteria checks 2/6
Flow Capital has a total shareholder equity of CA$37.7M and total debt of CA$32.0M, which brings its debt-to-equity ratio to 84.8%. Its total assets and total liabilities are CA$71.4M and CA$33.7M respectively. Flow Capital's EBIT is CA$2.7M making its interest coverage ratio 1. It has cash and short-term investments of CA$16.6M.
Key information
84.8%
Debt to equity ratio
CA$31.97m
Debt
| Interest coverage ratio | 1x |
| Cash | CA$16.64m |
| Equity | CA$37.69m |
| Total liabilities | CA$33.72m |
| Total assets | CA$71.40m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2WEA's short term assets (CA$17.0M) exceed its short term liabilities (CA$2.1M).
Long Term Liabilities: 2WEA's short term assets (CA$17.0M) do not cover its long term liabilities (CA$31.6M).
Debt to Equity History and Analysis
Debt Level: 2WEA's net debt to equity ratio (40.7%) is considered high.
Reducing Debt: 2WEA's debt to equity ratio has reduced from 106.9% to 84.8% 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: Insufficient data to determine if 2WEA has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 2WEA has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.