Refined Energy Balance Sheet Health
Financial Health criteria checks 4/6
Refined Energy has a total shareholder equity of CA$17.0K and total debt of CA$165.1K, which brings its debt-to-equity ratio to 973.7%. Its total assets and total liabilities are CA$824.8K and CA$807.9K respectively.
Key information
973.7%
Debt to equity ratio
CA$165.10k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$435.56k |
| Equity | CA$16.96k |
| Total liabilities | CA$807.87k |
| Total assets | CA$824.82k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CWA0's short term assets (CA$650.6K) do not cover its short term liabilities (CA$807.9K).
Long Term Liabilities: CWA0 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: CWA0 has more cash than its total debt.
Reducing Debt: CWA0's debt to equity ratio has increased from 11.4% to 973.7% 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: CWA0 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: CWA0 has sufficient cash runway for 1.7 years if free cash flow continues to grow at historical rates of 45.8% each year.