Universal Ibogaine Balance Sheet Health
Financial Health criteria checks 2/6
Universal Ibogaine has a total shareholder equity of CA$1.6M and total debt of CA$2.7M, which brings its debt-to-equity ratio to 171.8%. Its total assets and total liabilities are CA$5.3M and CA$3.8M respectively.
Key information
171.8%
Debt to equity ratio
CA$2.68m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$470.11k |
| Equity | CA$1.56m |
| Total liabilities | CA$3.76m |
| Total assets | CA$5.32m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IBOG.F's short term assets (CA$727.9K) do not cover its short term liabilities (CA$1.1M).
Long Term Liabilities: IBOG.F's short term assets (CA$727.9K) do not cover its long term liabilities (CA$2.6M).
Debt to Equity History and Analysis
Debt Level: IBOG.F's net debt to equity ratio (141.6%) is considered high.
Reducing Debt: Insufficient data to determine if IBOG.F's debt to equity ratio has reduced 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: IBOG.F has sufficient cash runway for 7 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: IBOG.F is forecast to have sufficient cash runway for 4 months based on free cash flow estimates, but has since raised additional capital.