Digicann Ventures Balance Sheet Health
Financial Health criteria checks 0/6
Digicann Ventures has a total shareholder equity of CA$-641.0K and total debt of CA$973.9K, which brings its debt-to-equity ratio to -151.9%. Its total assets and total liabilities are CA$573.7K and CA$1.2M respectively.
Key information
-151.9%
Debt to equity ratio
CA$973.95k
Debt
Interest coverage ratio | n/a |
Cash | CA$573.66k |
Equity | -CA$641.02k |
Total liabilities | CA$1.21m |
Total assets | CA$573.66k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VY3 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: VY3 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: VY3 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: VY3's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: VY3's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if VY3's interest payments on its debt are well covered by EBIT.