Wishpond Technologies Balance Sheet Health
Financial Health criteria checks 4/6
Wishpond Technologies has a total shareholder equity of CA$9.3M and total debt of CA$994.7K, which brings its debt-to-equity ratio to 10.7%. Its total assets and total liabilities are CA$14.5M and CA$5.2M respectively.
Key information
10.7%
Debt to equity ratio
CA$994.66k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$1.42m |
| Equity | CA$9.32m |
| Total liabilities | CA$5.15m |
| Total assets | CA$14.47m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WPND.F's short term assets (CA$1.8M) do not cover its short term liabilities (CA$5.2M).
Long Term Liabilities: WPND.F has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: WPND.F has more cash than its total debt.
Reducing Debt: WPND.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: WPND.F has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if WPND.F has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.