This company has been acquired
CloudMD Software & Services Balance Sheet Health
Financial Health criteria checks 1/6
CloudMD Software & Services has a total shareholder equity of CA$28.6M and total debt of CA$20.6M, which brings its debt-to-equity ratio to 72.3%. Its total assets and total liabilities are CA$80.1M and CA$51.5M respectively.
Key information
72.3%
Debt to equity ratio
CA$20.65m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$5.17m |
| Equity | CA$28.57m |
| Total liabilities | CA$51.53m |
| Total assets | CA$80.10m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DOCR.F's short term assets (CA$31.7M) do not cover its short term liabilities (CA$41.0M).
Long Term Liabilities: DOCR.F's short term assets (CA$31.7M) exceed its long term liabilities (CA$10.6M).
Debt to Equity History and Analysis
Debt Level: DOCR.F's net debt to equity ratio (54.2%) is considered high.
Reducing Debt: DOCR.F's debt to equity ratio has increased from 30.4% to 72.3% 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: DOCR.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: DOCR.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of 34% each year