Everybody Loves Languages Balance Sheet Health
Financial Health criteria checks 4/6
Everybody Loves Languages has a total shareholder equity of CA$2.5M and total debt of CA$80.0K, which brings its debt-to-equity ratio to 3.2%. Its total assets and total liabilities are CA$3.0M and CA$437.3K respectively.
Key information
3.2%
Debt to equity ratio
CA$80.00k
Debt
Interest coverage ratio | n/a |
Cash | CA$1.33m |
Equity | CA$2.54m |
Total liabilities | CA$437.32k |
Total assets | CA$2.98m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VB6's short term assets (CA$3.0M) exceed its short term liabilities (CA$437.3K).
Long Term Liabilities: VB6 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: VB6 has more cash than its total debt.
Reducing Debt: VB6's debt to equity ratio has reduced from 47.1% to 3.2% 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: Insufficient data to determine if VB6 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if VB6 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.