dentalcorp Holdings Balance Sheet Health
Financial Health criteria checks 3/6
dentalcorp Holdings has a total shareholder equity of CA$1.7B and total debt of CA$1.1B, which brings its debt-to-equity ratio to 61.3%. Its total assets and total liabilities are CA$3.3B and CA$1.6B respectively. dentalcorp Holdings's EBIT is CA$47.9M making its interest coverage ratio 0.4. It has cash and short-term investments of CA$71.9M.
Key information
61.3%
Debt to equity ratio
CA$1.06b
Debt
| Interest coverage ratio | 0.4x |
| Cash | CA$71.90m |
| Equity | CA$1.73b |
| Total liabilities | CA$1.59b |
| Total assets | CA$3.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6A7's short term assets (CA$213.0M) exceed its short term liabilities (CA$178.7M).
Long Term Liabilities: 6A7's short term assets (CA$213.0M) do not cover its long term liabilities (CA$1.4B).
Debt to Equity History and Analysis
Debt Level: 6A7's net debt to equity ratio (57.1%) is considered high.
Reducing Debt: Insufficient data to determine if 6A7's debt to equity ratio has reduced 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: Whilst unprofitable 6A7 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 6A7 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 42.6% per year.