Prospera Energy Balance Sheet Health
Financial Health criteria checks 3/6
Prospera Energy has a total shareholder equity of CA$934.9K and total debt of CA$10.1M, which brings its debt-to-equity ratio to 1079.5%. Its total assets and total liabilities are CA$49.2M and CA$48.2M respectively.
Key information
1,079.5%
Debt to equity ratio
CA$10.09m
Debt
Interest coverage ratio | n/a |
Cash | CA$26.60k |
Equity | CA$934.94k |
Total liabilities | CA$48.22m |
Total assets | CA$49.15m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OF6B's short term assets (CA$4.2M) do not cover its short term liabilities (CA$22.0M).
Long Term Liabilities: OF6B's short term assets (CA$4.2M) do not cover its long term liabilities (CA$26.2M).
Debt to Equity History and Analysis
Debt Level: OF6B's net debt to equity ratio (1076.7%) 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 sufficient cash runway for 0 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: OF6B is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.