Regenx Tech Balance Sheet Health
Financial Health criteria checks 1/6
Regenx Tech has a total shareholder equity of CA$6.0M and total debt of CA$5.4M, which brings its debt-to-equity ratio to 90.2%. Its total assets and total liabilities are CA$12.1M and CA$6.1M respectively.
Key information
90.2%
Debt to equity ratio
CA$5.41m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$1.43m |
| Equity | CA$6.00m |
| Total liabilities | CA$6.08m |
| Total assets | CA$12.08m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PQ0's short term assets (CA$2.7M) exceed its short term liabilities (CA$302.9K).
Long Term Liabilities: PQ0's short term assets (CA$2.7M) do not cover its long term liabilities (CA$5.8M).
Debt to Equity History and Analysis
Debt Level: PQ0's net debt to equity ratio (66.4%) is considered high.
Reducing Debt: PQ0's debt to equity ratio has increased from 0% to 90.2% 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: PQ0 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: PQ0 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 29.6% each year