Leading Edge Materials Balance Sheet Health
Financial Health criteria checks 5/6
Leading Edge Materials has a total shareholder equity of CA$22.5M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$28.5M and CA$6.0M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$3.83m |
| Equity | CA$22.47m |
| Total liabilities | CA$5.99m |
| Total assets | CA$28.45m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0V3V's short term assets (CA$4.3M) exceed its short term liabilities (CA$303.1K).
Long Term Liabilities: 0V3V's short term assets (CA$4.3M) do not cover its long term liabilities (CA$5.7M).
Debt to Equity History and Analysis
Debt Level: 0V3V is debt free.
Reducing Debt: 0V3V has not had any debt for 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: 0V3V has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 0V3V has sufficient cash runway for 1 years if free cash flow continues to grow at historical rates of 0.6% each year.