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Advantagewon Oil Balance Sheet Health
Financial Health criteria checks 3/6
Advantagewon Oil has a total shareholder equity of CA$482.3K and total debt of CA$27.6K, which brings its debt-to-equity ratio to 5.7%. Its total assets and total liabilities are CA$1.2M and CA$681.8K respectively.
Key information
5.7%
Debt to equity ratio
CA$27.63k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$5.56k |
| Equity | CA$482.33k |
| Total liabilities | CA$681.82k |
| Total assets | CA$1.16m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AD30's short term assets (CA$1.1M) exceed its short term liabilities (CA$565.4K).
Long Term Liabilities: AD30's short term assets (CA$1.1M) exceed its long term liabilities (CA$116.4K).
Debt to Equity History and Analysis
Debt Level: AD30's net debt to equity ratio (4.6%) is considered satisfactory.
Reducing Debt: AD30's debt to equity ratio has increased from 4.7% to 5.7% 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 AD30 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if AD30 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.