Aduro Clean Technologies Balance Sheet Health
Financial Health criteria checks 5/6
Aduro Clean Technologies has a total shareholder equity of CA$5.6M and total debt of CA$3.9K, which brings its debt-to-equity ratio to 0.07%. Its total assets and total liabilities are CA$6.2M and CA$527.3K respectively.
Key information
0.07%
Debt to equity ratio
CA$3.91k
Debt
Interest coverage ratio | n/a |
Cash | CA$2.20m |
Equity | CA$5.64m |
Total liabilities | CA$527.35k |
Total assets | CA$6.16m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ACTH.F's short term assets (CA$2.9M) exceed its short term liabilities (CA$418.8K).
Long Term Liabilities: ACTH.F's short term assets (CA$2.9M) exceed its long term liabilities (CA$108.5K).
Debt to Equity History and Analysis
Debt Level: ACTH.F has more cash than its total debt.
Reducing Debt: Insufficient data to determine if ACTH.F'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: ACTH.F has sufficient cash runway for 4 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: ACTH.F is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.