Lifeist Wellness Balance Sheet Health
Financial Health criteria checks 6/6
Lifeist Wellness has a total shareholder equity of CA$3.3M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$6.1M and CA$2.8M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$1.02m |
| Equity | CA$3.28m |
| Total liabilities | CA$2.79m |
| Total assets | CA$6.07m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LFSW.F's short term assets (CA$3.7M) exceed its short term liabilities (CA$2.6M).
Long Term Liabilities: LFSW.F's short term assets (CA$3.7M) exceed its long term liabilities (CA$229.0K).
Debt to Equity History and Analysis
Debt Level: LFSW.F is debt free.
Reducing Debt: LFSW.F has no debt compared to 5 years ago when its debt to equity ratio was 0.03%.
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 LFSW.F has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: LFSW.F is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 29.6% per year.