Prospera Energy Balance Sheet Health
Financial Health criteria checks 1/6
Prospera Energy has a total shareholder equity of CA$1.2M and total debt of CA$11.4M, which brings its debt-to-equity ratio to 984.6%. Its total assets and total liabilities are CA$48.8M and CA$47.6M respectively.
Key information
984.6%
Debt to equity ratio
CA$11.38m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$3.14k |
| Equity | CA$1.16m |
| Total liabilities | CA$47.64m |
| Total assets | CA$48.80m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OF6B's short term assets (CA$4.4M) do not cover its short term liabilities (CA$19.2M).
Long Term Liabilities: OF6B's short term assets (CA$4.4M) do not cover its long term liabilities (CA$28.4M).
Debt to Equity History and Analysis
Debt Level: OF6B's net debt to equity ratio (984.4%) is considered high.
Reducing Debt: OF6B had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: OF6B has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: OF6B has less than a year of cash runway if free cash flow continues to reduce at historical rates of 52.7% each year