Devonian Health Group Balance Sheet Health
Financial Health criteria checks 6/6
Devonian Health Group has a total shareholder equity of CA$13.2M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$17.2M and CA$4.1M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$1.00m |
Equity | CA$13.16m |
Total liabilities | CA$4.07m |
Total assets | CA$17.23m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DVHG.F's short term assets (CA$4.5M) exceed its short term liabilities (CA$4.0M).
Long Term Liabilities: DVHG.F's short term assets (CA$4.5M) exceed its long term liabilities (CA$114.5K).
Debt to Equity History and Analysis
Debt Level: DVHG.F is debt free.
Reducing Debt: DVHG.F has no debt compared to 5 years ago when its debt to equity ratio was 40%.
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: DVHG.F has sufficient cash runway for 4 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: DVHG.F is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.