Healwell AI Balance Sheet Health
Financial Health criteria checks 5/6
Healwell AI has a total shareholder equity of CA$78.0M and total debt of CA$15.8M, which brings its debt-to-equity ratio to 20.2%. Its total assets and total liabilities are CA$128.0M and CA$50.0M respectively.
Key information
20.2%
Debt to equity ratio
CA$15.79m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$15.24m |
| Equity | CA$78.02m |
| Total liabilities | CA$49.98m |
| Total assets | CA$128.01m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HWAI.F's short term assets (CA$29.5M) do not cover its short term liabilities (CA$30.5M).
Long Term Liabilities: HWAI.F's short term assets (CA$29.5M) exceed its long term liabilities (CA$19.5M).
Debt to Equity History and Analysis
Debt Level: HWAI.F's net debt to equity ratio (0.7%) is considered satisfactory.
Reducing Debt: HWAI.F's debt to equity ratio has reduced from 63.3% to 20.2% 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: HWAI.F has sufficient cash runway for 7 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: HWAI.F has sufficient cash runway for 1.3 years if free cash flow continues to reduce at historical rates of 50.9% each year.