LeddarTech Holdings Balance Sheet Health
Financial Health criteria checks 3/6
LeddarTech Holdings has a total shareholder equity of CA$7.2M and total debt of CA$69.7M, which brings its debt-to-equity ratio to 973.3%. Its total assets and total liabilities are CA$101.4M and CA$94.2M respectively.
Key information
973.3%
Debt to equity ratio
CA$69.71m
Debt
Interest coverage ratio | n/a |
Cash | CA$29.19m |
Equity | CA$7.16m |
Total liabilities | CA$94.22m |
Total assets | CA$101.38m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LDTC's short term assets (CA$38.3M) exceed its short term liabilities (CA$21.0M).
Long Term Liabilities: LDTC's short term assets (CA$38.3M) do not cover its long term liabilities (CA$73.2M).
Debt to Equity History and Analysis
Debt Level: LDTC's net debt to equity ratio (565.8%) is considered high.
Reducing Debt: Insufficient data to determine if LDTC's debt to equity ratio has reduced 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: LDTC has sufficient cash runway for 6 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: LDTC has sufficient cash runway for 1.3 years if free cash flow continues to reduce at historical rates of 12.5% each year.