Stock Trend Capital Balance Sheet Health

Financial Health criteria checks 6/6

Stock Trend Capital has a total shareholder equity of CA$2.0M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$2.1M and CA$129.8K respectively.

Key information

Debt to equity ratio

CA$0

Debt

Interest coverage ratio	n/a
Cash	CA$2.07m
Equity	CA$1.97m
Total liabilities	CA$129.84k
Total assets	CA$2.10m

Recent financial health updates

Recent updates

Financial Position Analysis

Short Term Liabilities: P0G's short term assets (CA$2.1M) exceed its short term liabilities (CA$129.8K).

Long Term Liabilities: P0G has no long term liabilities.

Debt to Equity History and Analysis

Debt Level: P0G is debt free.

Reducing Debt: P0G had no debt 5 years ago.

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: P0G has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: P0G has sufficient cash runway for 2.2 years if free cash flow continues to grow at historical rates of 33.9% each year.

Stock Trend Capital Balance Sheet Health

Financial Health criteria checks 6/6

Key information

Recent financial health updates

World Class Extractions Inc. Auditor Raises 'Going Concern' Doubt

Recent updates

Less than half of directors are independent

Stock Trend Capital Inc. announced that it expects to receive CAD 0.15 million in funding

Stock Trend Capital Announces Planned Change to A "Shareholder First" Dividend Policy

New minor risk - Shareholder dilution

Stock Trend Capital Inc. (CNSX:PUMP) completed the acquisition of a 20% stake in YOUNET.

Less than half of directors are independent

World Class Extractions Inc. Announces Chief Executive Officer Changes

World-Class Extractions Inc. Announces CFO Changes

Full year 2022 earnings released: CA$0.008 loss per share (vs CA$0.007 loss in FY 2021)

High number of new directors

High number of new and inexperienced directors

Third quarter 2022 earnings released: CA$0.009 loss per share (vs CA$0.001 loss in 3Q 2021)

World Class Extractions Inc., Annual General Meeting, Apr 29, 2022

Hifyre Inc. completed the acquisition of Pineapple Express Delivery Inc. from World Class Extractions Inc. (CNSX:PUMP) and others for CAD 10.4 million.

Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Hifyre Inc. entered into a definitive agreement to acquire Pineapple Express Delivery Inc. from World Class Extractions Inc. (CNSX:PUMP) and others for CAD 16 million.

Full year 2021 earnings released: CA$0.007 loss per share (vs CA$0.083 loss in FY 2020)

Third quarter 2021 earnings released: CA$0.001 loss per share (vs CA$0.055 loss in 3Q 2020)

An investment group led by Richard Goldstein acquired remaining 50% stake in Cobra Ventures Inc. from World Class Extractions Inc. (CNSX:PUMP) for CAD 2.5 million.

Second quarter 2021 earnings released: CA$0.001 loss per share

World Class Extractions Inc. Announces Resignation of Donal Carrol from the Board of Directors

World Class Extractions Inc. Auditor Raises 'Going Concern' Doubt

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Cash Runway Analysis

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