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WeCommerce Holdings Balance Sheet Health
Financial Health criteria checks 3/6
WeCommerce Holdings has a total shareholder equity of CA$112.3M and total debt of CA$46.9M, which brings its debt-to-equity ratio to 41.8%. Its total assets and total liabilities are CA$171.7M and CA$59.4M respectively.
Key information
41.8%
Debt to equity ratio
CA$46.94m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$10.95m |
| Equity | CA$112.33m |
| Total liabilities | CA$59.39m |
| Total assets | CA$171.72m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WECM.F's short term assets (CA$14.3M) do not cover its short term liabilities (CA$15.8M).
Long Term Liabilities: WECM.F's short term assets (CA$14.3M) do not cover its long term liabilities (CA$43.5M).
Debt to Equity History and Analysis
Debt Level: WECM.F's net debt to equity ratio (32%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if WECM.F'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: Whilst unprofitable WECM.F has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: WECM.F is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 39.8% per year.