Herbal Dispatch Balance Sheet Health
Financial Health criteria checks 2/6
Herbal Dispatch has a total shareholder equity of CA$3.5M and total debt of CA$1.2M, which brings its debt-to-equity ratio to 34.2%. Its total assets and total liabilities are CA$8.7M and CA$5.2M respectively.
Key information
34.2%
Debt to equity ratio
CA$1.21m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$371.26k |
| Equity | CA$3.53m |
| Total liabilities | CA$5.19m |
| Total assets | CA$8.72m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LUFF.F's short term assets (CA$3.3M) do not cover its short term liabilities (CA$4.8M).
Long Term Liabilities: LUFF.F's short term assets (CA$3.3M) exceed its long term liabilities (CA$407.2K).
Debt to Equity History and Analysis
Debt Level: LUFF.F's net debt to equity ratio (23.7%) is considered satisfactory.
Reducing Debt: LUFF.F's debt to equity ratio has increased from 1.9% to 34.2% 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: LUFF.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: LUFF.F has less than a year of cash runway if free cash flow continues to grow at historical rates of 61.8% each year.