Kadestone Capital Corp. is a Canadian real estate investment and development company focused on acquiring, developing, and managing residential and commercial properties. The company faces significant concerns with a negative return on equity (-42.6%) and return on assets (-7.6%), indicating poor profitability. Additionally, a current ratio of 0.94 suggests potential liquidity issues, while a high debt-to-equity ratio of 4.28 raises concerns about financial leverage. Overall, the company’s financial health is weak, which may deter potential investors despite its operational focus in the real estate sector.
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Company has $1.7M in cash but burned $1.5M last quarter. At this burn rate, only 1.1 quarters of runway remain without additional financing.
Company posted a loss of $-5.5M over the last year, representing -5278.9% of revenue.
Debt of $11.3M is 6.6x the company's cash position of $1.7M.
Operating cash flow has been negative for 3 consecutive quarters, burning $6.2M over the last year.
Low debt-to-revenue ratio of -10827.5% indicates conservative financial management.
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Based on 2025-Q3 (September 30, 2025)