Abaxx Technologies Balance Sheet Health
Financial Health criteria checks 6/6
Abaxx Technologies has a total shareholder equity of CA$56.0M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$60.3M and CA$4.3M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$40.08m |
Equity | CA$56.01m |
Total liabilities | CA$4.33m |
Total assets | CA$60.34m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 36N's short term assets (CA$42.5M) exceed its short term liabilities (CA$4.3M).
Long Term Liabilities: 36N has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 36N is debt free.
Reducing Debt: 36N has no debt compared to 5 years ago when its debt to equity ratio was 12.8%.
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: 36N has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 36N has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 33.1% each year.