Nextleaf Solutions Balance Sheet Health
Financial Health criteria checks 6/6
Nextleaf Solutions has a total shareholder equity of CA$4.5M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$9.6M and CA$5.2M respectively. Nextleaf Solutions's EBIT is CA$272.4K making its interest coverage ratio 5.2. It has cash and short-term investments of CA$831.6K.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | 5.2x |
Cash | CA$831.57k |
Equity | CA$4.47m |
Total liabilities | CA$5.15m |
Total assets | CA$9.62m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OILF.F's short term assets (CA$6.2M) exceed its short term liabilities (CA$4.8M).
Long Term Liabilities: OILF.F's short term assets (CA$6.2M) exceed its long term liabilities (CA$347.5K).
Debt to Equity History and Analysis
Debt Level: OILF.F is debt free.
Reducing Debt: OILF.F had no debt 5 years ago.
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: Whilst unprofitable OILF.F has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: OILF.F is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 34.4% per year.