Kaizen Discovery Balance Sheet Health
Financial Health criteria checks 1/6
Kaizen Discovery has a total shareholder equity of CA$2.3M and total debt of CA$1.5M, which brings its debt-to-equity ratio to 66.3%. Its total assets and total liabilities are CA$4.1M and CA$1.8M respectively.
Key information
66.3%
Debt to equity ratio
CA$1.54m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$335.00k |
| Equity | CA$2.32m |
| Total liabilities | CA$1.83m |
| Total assets | CA$4.15m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CCNC.F's short term assets (CA$639.0K) do not cover its short term liabilities (CA$1.8M).
Long Term Liabilities: CCNC.F has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: CCNC.F's net debt to equity ratio (51.9%) is considered high.
Reducing Debt: CCNC.F's debt to equity ratio has increased from 0% to 66.3% 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: CCNC.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: CCNC.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of 9.6% each year