Martello Technologies Group Balance Sheet Health
Financial Health criteria checks 4/6
Martello Technologies Group has a total shareholder equity of CA$1.1M and total debt of CA$9.1M, which brings its debt-to-equity ratio to 846.7%. Its total assets and total liabilities are CA$20.2M and CA$19.1M respectively.
Key information
846.7%
Debt to equity ratio
CA$9.13m
Debt
Interest coverage ratio | n/a |
Cash | CA$5.63m |
Equity | CA$1.08m |
Total liabilities | CA$19.12m |
Total assets | CA$20.20m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DRKO.F's short term assets (CA$11.3M) exceed its short term liabilities (CA$7.9M).
Long Term Liabilities: DRKO.F's short term assets (CA$11.3M) exceed its long term liabilities (CA$11.2M).
Debt to Equity History and Analysis
Debt Level: DRKO.F's net debt to equity ratio (324.4%) is considered high.
Reducing Debt: DRKO.F's debt to equity ratio has increased from 17% to 846.7% 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: DRKO.F has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: DRKO.F has sufficient cash runway for 1.8 years if free cash flow continues to reduce at historical rates of 6.1% each year.