King Global Ventures Balance Sheet Health
Financial Health criteria checks 6/6
King Global Ventures has a total shareholder equity of CA$3.3M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$3.7M and CA$394.7K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$2.43m |
| Equity | CA$3.29m |
| Total liabilities | CA$394.65k |
| Total assets | CA$3.68m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5LM0's short term assets (CA$2.5M) exceed its short term liabilities (CA$394.7K).
Long Term Liabilities: 5LM0 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 5LM0 is debt free.
Reducing Debt: 5LM0 has no debt compared to 5 years ago when its debt to equity ratio was 19.8%.
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: 5LM0 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 5LM0 has sufficient cash runway for 1.2 years if free cash flow continues to reduce at historical rates of 22.3% each year.