DeFi Technologies Balance Sheet Health
Financial Health criteria checks 1/6
DeFi Technologies has a total shareholder equity of CA$8.9M and total debt of CA$57.6M, which brings its debt-to-equity ratio to 649.2%. Its total assets and total liabilities are CA$983.9M and CA$975.1M respectively.
Key information
649.2%
Debt to equity ratio
CA$57.59m
Debt
Interest coverage ratio | n/a |
Cash | CA$9.41m |
Equity | CA$8.87m |
Total liabilities | CA$975.07m |
Total assets | CA$983.94m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DEFT.F's short term assets (CA$887.5M) do not cover its short term liabilities (CA$975.1M).
Long Term Liabilities: DEFT.F has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: DEFT.F's net debt to equity ratio (543.1%) is considered high.
Reducing Debt: DEFT.F's debt to equity ratio has increased from 0% to 649.2% 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: DEFT.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: DEFT.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of 39.1% each year