StorageVault Canada Balance Sheet Health
Financial Health criteria checks 2/6
StorageVault Canada has a total shareholder equity of CA$163.0M and total debt of CA$1.9B, which brings its debt-to-equity ratio to 1163.8%. Its total assets and total liabilities are CA$2.2B and CA$2.1B respectively. StorageVault Canada's EBIT is CA$68.3M making its interest coverage ratio 0.7. It has cash and short-term investments of CA$12.3M.
Key information
1,163.8%
Debt to equity ratio
CA$1.90b
Debt
| Interest coverage ratio | 0.7x |
| Cash | CA$12.28m |
| Equity | CA$163.00m |
| Total liabilities | CA$2.07b |
| Total assets | CA$2.23b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SVAU.F's short term assets (CA$37.4M) do not cover its short term liabilities (CA$621.3M).
Long Term Liabilities: SVAU.F's short term assets (CA$37.4M) do not cover its long term liabilities (CA$1.4B).
Debt to Equity History and Analysis
Debt Level: SVAU.F's net debt to equity ratio (1156.3%) is considered high.
Reducing Debt: SVAU.F's debt to equity ratio has increased from 418.7% to 1163.8% 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: Whilst unprofitable SVAU.F has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: SVAU.F is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 22.3% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 20:51 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
StorageVault Canada Inc. is covered by 15 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Mark Rothschild | Canaccord Genuity |
| Scott Fromson | CIBC Capital Markets |
| Dean Wilkinson | CIBC Capital Markets |