BlockchainK2 Balance Sheet Health
Financial Health criteria checks 2/6
BlockchainK2 has a total shareholder equity of CA$235.9K and total debt of CA$486.0K, which brings its debt-to-equity ratio to 206%. Its total assets and total liabilities are CA$1.1M and CA$903.1K respectively.
Key information
206.0%
Debt to equity ratio
CA$486.04k
Debt
Interest coverage ratio | n/a |
Cash | CA$19.17k |
Equity | CA$235.93k |
Total liabilities | CA$903.12k |
Total assets | CA$1.14m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KRL2's short term assets (CA$34.5K) do not cover its short term liabilities (CA$831.7K).
Long Term Liabilities: KRL2's short term assets (CA$34.5K) do not cover its long term liabilities (CA$71.5K).
Debt to Equity History and Analysis
Debt Level: KRL2's net debt to equity ratio (197.9%) is considered high.
Reducing Debt: KRL2's debt to equity ratio has increased from 0% to 206% 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: KRL2 has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: KRL2 is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.