West Island Brands Balance Sheet Health
Financial Health criteria checks 2/6
West Island Brands has a total shareholder equity of CA$2.9M and total debt of CA$500.0K, which brings its debt-to-equity ratio to 17.2%. Its total assets and total liabilities are CA$6.4M and CA$3.5M respectively.
Key information
17.2%
Debt to equity ratio
CA$500.00k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$711.39k |
| Equity | CA$2.90m |
| Total liabilities | CA$3.52m |
| Total assets | CA$6.42m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 39N0's short term assets (CA$2.3M) do not cover its short term liabilities (CA$2.4M).
Long Term Liabilities: 39N0's short term assets (CA$2.3M) exceed its long term liabilities (CA$1.1M).
Debt to Equity History and Analysis
Debt Level: 39N0 has more cash than its total debt.
Reducing Debt: 39N0's debt to equity ratio has increased from 1.1% to 17.2% 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 39N0 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 39N0 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.