PlasCred Circular Innovations Balance Sheet Health
Financial Health criteria checks 4/6
PlasCred Circular Innovations has a total shareholder equity of CA$527.7K and total debt of CA$1.3K, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are CA$1.9M and CA$1.3M respectively.
Key information
0.2%
Debt to equity ratio
CA$1.29k
Debt
Interest coverage ratio | n/a |
Cash | CA$811.47k |
Equity | CA$527.72k |
Total liabilities | CA$1.33m |
Total assets | CA$1.86m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MGPR.F's short term assets (CA$1.0M) do not cover its short term liabilities (CA$1.3M).
Long Term Liabilities: MGPR.F has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: MGPR.F has more cash than its total debt.
Reducing Debt: Insufficient data to determine if MGPR.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: MGPR.F has sufficient cash runway for 5 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: MGPR.F is forecast to have sufficient cash runway for 4 months based on free cash flow estimates, but has since raised additional capital.