Lotus Ventures Balance Sheet Health
Financial Health criteria checks 2/6
Lotus Ventures has a total shareholder equity of CA$9.1M and total debt of CA$2.4M, which brings its debt-to-equity ratio to 26.7%. Its total assets and total liabilities are CA$13.9M and CA$4.8M respectively.
Key information
26.7%
Debt to equity ratio
CA$2.43m
Debt
Interest coverage ratio | n/a |
Cash | CA$44.74k |
Equity | CA$9.12m |
Total liabilities | CA$4.78m |
Total assets | CA$13.89m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LV9's short term assets (CA$1.7M) do not cover its short term liabilities (CA$4.8M).
Long Term Liabilities: LV9 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: LV9's net debt to equity ratio (26.2%) is considered satisfactory.
Reducing Debt: LV9's debt to equity ratio has increased from 0% to 26.7% 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: LV9 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: LV9 has less than a year of cash runway if free cash flow continues to grow at historical rates of 32.8% each year.