New World Solutions Balance Sheet Health
Financial Health criteria checks 4/6
New World Solutions has a total shareholder equity of CA$2.1M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$2.3M and CA$220.4K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$182.94k |
Equity | CA$2.06m |
Total liabilities | CA$220.38k |
Total assets | CA$2.28m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: REGR.F's short term assets (CA$484.0K) exceed its short term liabilities (CA$220.4K).
Long Term Liabilities: REGR.F has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: REGR.F is debt free.
Reducing Debt: REGR.F has no debt compared to 5 years ago when its debt to equity ratio was 8.8%.
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: REGR.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: REGR.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of 12.6% each year