Verde AgriTech Balance Sheet Health
Financial Health criteria checks 1/6
Verde AgriTech has a total shareholder equity of CA$37.3M and total debt of CA$41.0M, which brings its debt-to-equity ratio to 110%. Its total assets and total liabilities are CA$81.5M and CA$44.2M respectively.
Key information
110.0%
Debt to equity ratio
CA$41.00m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$2.72m |
| Equity | CA$37.28m |
| Total liabilities | CA$44.18m |
| Total assets | CA$81.47m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: T48's short term assets (CA$17.4M) do not cover its short term liabilities (CA$25.9M).
Long Term Liabilities: T48's short term assets (CA$17.4M) do not cover its long term liabilities (CA$18.3M).
Debt to Equity History and Analysis
Debt Level: T48's net debt to equity ratio (102.7%) is considered high.
Reducing Debt: T48's debt to equity ratio has increased from 1.6% to 110% over the past 5 years.
Debt Coverage: T48's debt is well covered by operating cash flow (20.3%).
Interest Coverage: Insufficient data to determine if T48's interest payments on its debt are well covered by EBIT.