Indigenous Roots Balance Sheet Health
Financial Health criteria checks 0/6
Indigenous Roots has a total shareholder equity of $-1.1M and total debt of $1.1M, which brings its debt-to-equity ratio to -99.2%. Its total assets and total liabilities are $181.6K and $1.3M respectively.
Key information
-99.2%
Debt to equity ratio
US$1.09m
Debt
| Interest coverage ratio | n/a |
| Cash | US$182.28k |
| Equity | -US$1.09m |
| Total liabilities | US$1.28m |
| Total assets | US$181.64k |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IRCC has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: IRCC has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: IRCC has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: IRCC's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: IRCC's debt is not well covered by operating cash flow (3.5%).
Interest Coverage: Insufficient data to determine if IRCC's interest payments on its debt are well covered by EBIT.