Clean Seed Capital Group Balance Sheet Health
Financial Health criteria checks 2/6
Clean Seed Capital Group has a total shareholder equity of CA$2.5M and total debt of CA$6.9M, which brings its debt-to-equity ratio to 276.5%. Its total assets and total liabilities are CA$13.8M and CA$11.4M respectively.
Key information
276.5%
Debt to equity ratio
CA$6.85m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$255.00k |
| Equity | CA$2.48m |
| Total liabilities | CA$11.37m |
| Total assets | CA$13.85m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CLGP.F's short term assets (CA$311.0K) do not cover its short term liabilities (CA$10.1M).
Long Term Liabilities: CLGP.F's short term assets (CA$311.0K) do not cover its long term liabilities (CA$1.3M).
Debt to Equity History and Analysis
Debt Level: CLGP.F's net debt to equity ratio (266.2%) is considered high.
Reducing Debt: CLGP.F's debt to equity ratio has increased from 73.8% to 276.5% 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: CLGP.F has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: CLGP.F is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.