DAVIDsTEA Balance Sheet Health
Financial Health criteria checks 6/6
DAVIDsTEA has a total shareholder equity of CA$21.5M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$43.7M and CA$22.2M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$12.60m |
Equity | CA$21.51m |
Total liabilities | CA$22.22m |
Total assets | CA$43.73m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DAT's short term assets (CA$35.9M) exceed its short term liabilities (CA$16.2M).
Long Term Liabilities: DAT's short term assets (CA$35.9M) exceed its long term liabilities (CA$6.0M).
Debt to Equity History and Analysis
Debt Level: DAT is debt free.
Reducing Debt: DAT currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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: DAT has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: DAT has sufficient cash runway for 1.1 years if free cash flow continues to grow at historical rates of 3.3% each year.