THC Biomed Intl Balance Sheet Health
Financial Health criteria checks 1/6
THC Biomed Intl has a total shareholder equity of CA$4.7M and total debt of CA$4.3M, which brings its debt-to-equity ratio to 91.8%. Its total assets and total liabilities are CA$13.7M and CA$9.0M respectively.
Key information
91.8%
Debt to equity ratio
CA$4.32m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$205.02k |
| Equity | CA$4.70m |
| Total liabilities | CA$9.02m |
| Total assets | CA$13.72m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TFHD's short term assets (CA$3.3M) do not cover its short term liabilities (CA$8.0M).
Long Term Liabilities: TFHD's short term assets (CA$3.3M) exceed its long term liabilities (CA$975.3K).
Debt to Equity History and Analysis
Debt Level: TFHD's net debt to equity ratio (87.5%) is considered high.
Reducing Debt: TFHD's debt to equity ratio has increased from 10.8% to 91.8% 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 TFHD has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if TFHD has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.