Wishpond Technologies Balance Sheet Health
Financial Health criteria checks 5/6
Wishpond Technologies has a total shareholder equity of CA$9.1M and total debt of CA$1.2M, which brings its debt-to-equity ratio to 13.7%. Its total assets and total liabilities are CA$13.9M and CA$4.8M respectively.
Key information
13.7%
Debt to equity ratio
CA$1.24m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$1.10m |
| Equity | CA$9.10m |
| Total liabilities | CA$4.83m |
| Total assets | CA$13.92m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8JR's short term assets (CA$1.6M) do not cover its short term liabilities (CA$4.8M).
Long Term Liabilities: 8JR has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 8JR's net debt to equity ratio (1.6%) is considered satisfactory.
Reducing Debt: 8JR had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: Whilst unprofitable 8JR has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 8JR is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 9.8% per year.