New World Solutions Balance Sheet Health

Financial Health criteria checks 3/6

New World Solutions has a total shareholder equity of CA$992.0K and total debt of CA$128.5K, which brings its debt-to-equity ratio to 13%. Its total assets and total liabilities are CA$2.0M and CA$1.0M respectively.

Key information

13.0%

Debt to equity ratio

CA$128.53k

Debt

Interest coverage ration/a
CashCA$63.73k
EquityCA$991.96k
Total liabilitiesCA$1.04m
Total assetsCA$2.03m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: RT5's short term assets (CA$367.9K) do not cover its short term liabilities (CA$859.1K).

Long Term Liabilities: RT5's short term assets (CA$367.9K) exceed its long term liabilities (CA$183.2K).


Debt to Equity History and Analysis

Debt Level: RT5's net debt to equity ratio (6.5%) is considered satisfactory.

Reducing Debt: RT5 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: RT5 has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: RT5 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 3.6% each year


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