Scotch Creek Ventures Balance Sheet Health
Financial Health criteria checks 3/6
Scotch Creek Ventures has a total shareholder equity of CA$5.6M and total debt of CA$166.8K, which brings its debt-to-equity ratio to 3%. Its total assets and total liabilities are CA$6.0M and CA$384.0K respectively.
Key information
3.0%
Debt to equity ratio
CA$166.82k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$18.73k |
| Equity | CA$5.60m |
| Total liabilities | CA$384.01k |
| Total assets | CA$5.99m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7S20's short term assets (CA$27.5K) do not cover its short term liabilities (CA$384.0K).
Long Term Liabilities: 7S20 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 7S20's net debt to equity ratio (2.6%) is considered satisfactory.
Reducing Debt: 7S20's debt to equity ratio has reduced from 12.1% to 3% 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: 7S20 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 7S20 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 30.6% each year