Verde AgriTech Balance Sheet Health
Financial Health criteria checks 3/6
Verde AgriTech has a total shareholder equity of CA$34.9M and total debt of CA$42.2M, which brings its debt-to-equity ratio to 120.9%. Its total assets and total liabilities are CA$80.2M and CA$45.3M respectively.
Key information
120.9%
Debt to equity ratio
CA$42.18m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$3.43m |
| Equity | CA$34.88m |
| Total liabilities | CA$45.29m |
| Total assets | CA$80.16m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: T48's short term assets (CA$16.4M) do not cover its short term liabilities (CA$29.8M).
Long Term Liabilities: T48's short term assets (CA$16.4M) exceed its long term liabilities (CA$15.5M).
Debt to Equity History and Analysis
Debt Level: T48's net debt to equity ratio (111.1%) is considered high.
Reducing Debt: T48's debt to equity ratio has increased from 1.8% to 120.9% 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: Whilst unprofitable T48 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: T48 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 18.4% per year.