WonderFi Technologies Balance Sheet Health
Financial Health criteria checks 4/6
WonderFi Technologies has a total shareholder equity of CA$110.2M and total debt of CA$288.9K, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are CA$1.7B and CA$1.6B respectively. WonderFi Technologies's EBIT is CA$2.3M making its interest coverage ratio -0.9. It has cash and short-term investments of CA$42.4M.
Key information
0.3%
Debt to equity ratio
CA$288.87k
Debt
Interest coverage ratio | -0.9x |
Cash | CA$42.38m |
Equity | CA$110.23m |
Total liabilities | CA$1.63b |
Total assets | CA$1.74b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 52D0's short term assets (CA$1.7B) exceed its short term liabilities (CA$1.6B).
Long Term Liabilities: 52D0's short term assets (CA$1.7B) exceed its long term liabilities (CA$11.6M).
Debt to Equity History and Analysis
Debt Level: 52D0 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 52D0'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: 52D0 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 52D0 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.