Cielo Waste Solutions Balance Sheet Health
Financial Health criteria checks 2/6
Cielo Waste Solutions has a total shareholder equity of CA$41.0M and total debt of CA$4.5M, which brings its debt-to-equity ratio to 11%. Its total assets and total liabilities are CA$53.5M and CA$12.6M respectively.
Key information
11.0%
Debt to equity ratio
CA$4.52m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$24.00k |
| Equity | CA$40.95m |
| Total liabilities | CA$12.58m |
| Total assets | CA$53.54m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CWSF.F's short term assets (CA$1.0M) do not cover its short term liabilities (CA$10.2M).
Long Term Liabilities: CWSF.F's short term assets (CA$1.0M) do not cover its long term liabilities (CA$2.4M).
Debt to Equity History and Analysis
Debt Level: CWSF.F's net debt to equity ratio (11%) is considered satisfactory.
Reducing Debt: CWSF.F's debt to equity ratio has reduced from 193.9% to 11% 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: CWSF.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: CWSF.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of 10.4% each year