ZenaTech Balance Sheet Health
Financial Health criteria checks 1/6
ZenaTech has a total shareholder equity of CA$11.1M and total debt of CA$9.3M, which brings its debt-to-equity ratio to 83.8%. Its total assets and total liabilities are CA$22.0M and CA$10.9M respectively.
Key information
83.8%
Debt to equity ratio
CA$9.33m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$130.84k |
| Equity | CA$11.13m |
| Total liabilities | CA$10.87m |
| Total assets | CA$22.00m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 49Q's short term assets (CA$2.4M) exceed its short term liabilities (CA$1.5M).
Long Term Liabilities: 49Q's short term assets (CA$2.4M) do not cover its long term liabilities (CA$9.4M).
Debt to Equity History and Analysis
Debt Level: 49Q's net debt to equity ratio (82.6%) is considered high.
Reducing Debt: Insufficient data to determine if 49Q's debt to equity ratio has reduced 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: 49Q has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 49Q has less than a year of cash runway if free cash flow continues to reduce at historical rates of 33.9% each year