1414 Degrees Balance Sheet Health
Financial Health criteria checks 3/6
1414 Degrees has a total shareholder equity of A$9.0M and total debt of A$181.7K, which brings its debt-to-equity ratio to 2%. Its total assets and total liabilities are A$9.7M and A$721.0K respectively.
Key information
2.0%
Debt to equity ratio
AU$181.68k
Debt
Interest coverage ratio | n/a |
Cash | AU$1.44m |
Equity | AU$9.02m |
Total liabilities | AU$721.04k |
Total assets | AU$9.74m |
Financial Position Analysis
Short Term Liabilities: 14D's short term assets (A$5.3M) exceed its short term liabilities (A$704.9K).
Long Term Liabilities: 14D's short term assets (A$5.3M) exceed its long term liabilities (A$16.1K).
Debt to Equity History and Analysis
Debt Level: 14D has more cash than its total debt.
Reducing Debt: 14D's debt to equity ratio has increased from 0% to 2% 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: 14D has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 14D has less than a year of cash runway if free cash flow continues to grow at historical rates of 13.6% each year.