WasteCo Group Balance Sheet Health
Financial Health criteria checks 1/6
WasteCo Group has a total shareholder equity of NZ$17.9M and total debt of NZ$25.5M, which brings its debt-to-equity ratio to 142.7%. Its total assets and total liabilities are NZ$68.6M and NZ$50.8M respectively.
Key information
142.7%
Debt to equity ratio
NZ$25.48m
Debt
| Interest coverage ratio | n/a |
| Cash | NZ$2.51m |
| Equity | NZ$17.86m |
| Total liabilities | NZ$50.78m |
| Total assets | NZ$68.64m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: WCO's short term assets (NZ$9.1M) do not cover its short term liabilities (NZ$21.8M).
Long Term Liabilities: WCO's short term assets (NZ$9.1M) do not cover its long term liabilities (NZ$28.9M).
Debt to Equity History and Analysis
Debt Level: WCO's net debt to equity ratio (128.6%) is considered high.
Reducing Debt: Insufficient data to determine if WCO'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: WCO has sufficient cash runway for 5 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: Insufficient data to determine if WCO has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.