WasteCo Group Balance Sheet Health
Financial Health criteria checks 0/6
WasteCo Group has a total shareholder equity of NZ$16.4M and total debt of NZ$33.8M, which brings its debt-to-equity ratio to 206.4%. Its total assets and total liabilities are NZ$67.7M and NZ$51.3M respectively.
Key information
206.4%
Debt to equity ratio
NZ$33.83m
Debt
| Interest coverage ratio | n/a |
| Cash | NZ$1.75m |
| Equity | NZ$16.39m |
| Total liabilities | NZ$51.27m |
| Total assets | NZ$67.66m |
Financial Position Analysis
Short Term Liabilities: WCO's short term assets (NZ$9.7M) do not cover its short term liabilities (NZ$17.7M).
Long Term Liabilities: WCO's short term assets (NZ$9.7M) do not cover its long term liabilities (NZ$33.6M).
Debt to Equity History and Analysis
Debt Level: WCO's net debt to equity ratio (195.8%) 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 less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: WCO has less than a year of cash runway if free cash flow continues to grow at historical rates of 20.5% each year.