Scryb Balance Sheet Health
Financial Health criteria checks 3/6
Scryb has a total shareholder equity of CA$3.2M and total debt of CA$1.8M, which brings its debt-to-equity ratio to 54.6%. Its total assets and total liabilities are CA$11.6M and CA$8.3M respectively.
Key information
54.6%
Debt to equity ratio
CA$1.77m
Debt
Interest coverage ratio | n/a |
Cash | CA$365.83k |
Equity | CA$3.24m |
Total liabilities | CA$8.34m |
Total assets | CA$11.59m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EIY's short term assets (CA$4.0M) do not cover its short term liabilities (CA$6.6M).
Long Term Liabilities: EIY's short term assets (CA$4.0M) exceed its long term liabilities (CA$1.7M).
Debt to Equity History and Analysis
Debt Level: EIY's net debt to equity ratio (43.3%) is considered high.
Reducing Debt: EIY's debt to equity ratio has increased from 0% to 54.6% 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: EIY has sufficient cash runway for 0 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: EIY is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.