CanBas Balance Sheet Health
Financial Health criteria checks 6/6
CanBas has a total shareholder equity of ¥3.2B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥3.3B and ¥121.0M respectively.
Key information
0%
Debt to equity ratio
JP¥0
Debt
| Interest coverage ratio | n/a |
| Cash | JP¥2.78b |
| Equity | JP¥3.15b |
| Total liabilities | JP¥121.00m |
| Total assets | JP¥3.27b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 4575's short term assets (¥3.2B) exceed its short term liabilities (¥121.0M).
Long Term Liabilities: 4575 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 4575 is debt free.
Reducing Debt: 4575 has no debt compared to 5 years ago when its debt to equity ratio was 31.4%.
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: 4575 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 4575 has sufficient cash runway for 1.9 years if free cash flow continues to reduce at historical rates of 22.3% each year.