IOU Financial Balance Sheet Health
Financial Health criteria checks 4/6
IOU Financial has a total shareholder equity of CA$15.0M and total debt of CA$4.4M, which brings its debt-to-equity ratio to 29.2%. Its total assets and total liabilities are CA$24.8M and CA$9.7M respectively.
Key information
29.2%
Debt to equity ratio
CA$4.39m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$3.63m |
| Equity | CA$15.04m |
| Total liabilities | CA$9.72m |
| Total assets | CA$24.76m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IOUF.F's short term assets (CA$17.3M) exceed its short term liabilities (CA$4.3M).
Long Term Liabilities: IOUF.F's short term assets (CA$17.3M) exceed its long term liabilities (CA$5.4M).
Debt to Equity History and Analysis
Debt Level: IOUF.F's net debt to equity ratio (5.1%) is considered satisfactory.
Reducing Debt: IOUF.F's debt to equity ratio has reduced from 288.6% to 29.2% 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: Insufficient data to determine if IOUF.F has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if IOUF.F has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.