EnWave Balance Sheet Health
Financial Health criteria checks 6/6
EnWave has a total shareholder equity of CA$10.4M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$14.0M and CA$3.6M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$3.85m |
Equity | CA$10.39m |
Total liabilities | CA$3.56m |
Total assets | CA$13.95m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NWVC.F's short term assets (CA$10.3M) exceed its short term liabilities (CA$2.7M).
Long Term Liabilities: NWVC.F's short term assets (CA$10.3M) exceed its long term liabilities (CA$911.0K).
Debt to Equity History and Analysis
Debt Level: NWVC.F is debt free.
Reducing Debt: NWVC.F had no debt 5 years ago.
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: NWVC.F has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: NWVC.F has sufficient cash runway for 2.1 years if free cash flow continues to reduce at historical rates of 11.1% each year.