Margaret Lake Diamonds Balance Sheet Health
Financial Health criteria checks 3/6
Margaret Lake Diamonds has a total shareholder equity of CA$99.0K and total debt of CA$250.0K, which brings its debt-to-equity ratio to 252.4%. Its total assets and total liabilities are CA$876.1K and CA$777.1K respectively.
Key information
252.4%
Debt to equity ratio
CA$249.95k
Debt
Interest coverage ratio | n/a |
Cash | CA$110.01k |
Equity | CA$99.04k |
Total liabilities | CA$777.10k |
Total assets | CA$876.14k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DDIA.F's short term assets (CA$163.3K) do not cover its short term liabilities (CA$777.1K).
Long Term Liabilities: DDIA.F has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: DDIA.F's net debt to equity ratio (141.3%) is considered high.
Reducing Debt: Insufficient data to determine if DDIA.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: DDIA.F has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: DDIA.F is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.