Diamond Estates Wines & Spirits Balance Sheet Health
Financial Health criteria checks 2/6
Diamond Estates Wines & Spirits has a total shareholder equity of CA$19.0M and total debt of CA$22.3M, which brings its debt-to-equity ratio to 117.4%. Its total assets and total liabilities are CA$52.2M and CA$33.3M respectively.
Key information
117.4%
Debt to equity ratio
CA$22.26m
Debt
| Interest coverage ratio | n/a |
| Cash | n/a |
| Equity | CA$18.95m |
| Total liabilities | CA$33.26m |
| Total assets | CA$52.21m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4WS0's short term assets (CA$29.4M) do not cover its short term liabilities (CA$32.7M).
Long Term Liabilities: 4WS0's short term assets (CA$29.4M) exceed its long term liabilities (CA$563.1K).
Debt to Equity History and Analysis
Debt Level: 4WS0's net debt to equity ratio (117.4%) is considered high.
Reducing Debt: 4WS0's debt to equity ratio has reduced from 149.3% to 117.4% 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 4WS0 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 4WS0 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.