Cult Food Science Balance Sheet Health

Financial Health criteria checks 3/6

Cult Food Science has a total shareholder equity of CA$4.6M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$5.0M and CA$460.4K respectively.

Key information

Debt to equity ratio

CA$0

Debt

Interest coverage ratio	n/a
Cash	CA$319.84k
Equity	CA$4.57m
Total liabilities	CA$460.45k
Total assets	CA$5.03m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: CULT.F's short term assets (CA$385.0K) do not cover its short term liabilities (CA$460.4K).

Long Term Liabilities: CULT.F has no long term liabilities.

Debt to Equity History and Analysis

Debt Level: CULT.F is debt free.

Reducing Debt: CULT.F had no debt 5 years ago.

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: CULT.F has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: CULT.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of 26.8% each year

Cult Food Science Balance Sheet Health

Financial Health criteria checks 3/6

Key information

Recent financial health updates

Recent updates

Cult Food Science Corp. Announces Noochies! Will Be Included in Upcoming Pets+ Sample Box

Cult Food Science Corp. announced that it expects to receive CAD 2.5 million in funding

Cult Food Science Corp. announced that it has received CAD 0.8 million in funding

Cult Food Science Corp. announced that it has received CAD 0.8 million in funding

Cult Food Science Corp. announced that it expects to receive CAD 0.8 million in funding

Cult Food Science Corp., Annual General Meeting, Jun 20, 2024

Cult Food Science Corp. Launches Sales of Bmeaty, a Proprietary Ingredient for Pet Food Brands

CULT Food Science Corp Announces Change of CEO

Cult Food Science Corp. Launches Noochies! Freeze Dried Cat Snacks

Cult Food Science Corp. Expands Retail Presence for Noochies!

Cult Food Science Corp. Announces Official DTC and Wholesale Launch of Noochies! Dog Treats Noochies

Cult Food Science Corp. Announces Further Results of Third-Party Nutritional Testing of its Initial Cultivated Pet Food Ingredient, Bmmune

Cult Food Science Corp. Announces the Resignation of Patrick O'Flaherty from its Board of Directors

Cult Food Science Corp. Reveals Independent, Third-Party Testing of Its Initial Cultivated Pet Food Ingredients

Cult Food Science Corp. Announces Sprinkles Pet Performance Supplement Details

Cult Food Science Corp. announced that it has received funding from Coloured Ties Capital Inc.

CULT Food Science Corp. CCommends FDA for Approval of First Cultivated Meat Product in the United States

Cult Food Science Corp. Appoints Two New Members to Its Strategic Advisory Board

Cult Food Science Portfolio Company Reveals Marbled Cultivated Pork Loin

Cult Food Science Corp. (CNSX : CULT) signed a letter of intent to acquire Food Revolution Media Inc.

Cult Food Science Corp. Joins New Harvest in Launching "Open Cell Ag" Cellular Agriculture Network of Excellence

Cult Food Science Corp. Appoints Kantha Shelke to Advisory Board

CULT Food Science Appoints Lejjy Gafour as CEO

Cult Food Science Corp., Annual General Meeting, Jun 06, 2022

CULT Food Science Files Provisional Patent Application Regarding the Addition of Omega 3 Properties into Cultured Meat

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Cash Runway Analysis

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