New World Solutions Balance Sheet Health
Financial Health criteria checks 3/6
New World Solutions has a total shareholder equity of CA$992.0K and total debt of CA$128.5K, which brings its debt-to-equity ratio to 13%. Its total assets and total liabilities are CA$2.0M and CA$1.0M respectively.
Key information
13.0%
Debt to equity ratio
CA$128.53k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$63.73k |
| Equity | CA$991.96k |
| Total liabilities | CA$1.04m |
| Total assets | CA$2.03m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: REGR.F's short term assets (CA$367.9K) do not cover its short term liabilities (CA$859.1K).
Long Term Liabilities: REGR.F's short term assets (CA$367.9K) exceed its long term liabilities (CA$183.2K).
Debt to Equity History and Analysis
Debt Level: REGR.F's net debt to equity ratio (6.5%) is considered satisfactory.
Reducing Debt: REGR.F had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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 3.6% each year