Identitii Balance Sheet Health
Financial Health criteria checks 5/6
Identitii has a total shareholder equity of A$1.2M and total debt of A$888.8K, which brings its debt-to-equity ratio to 75.3%. Its total assets and total liabilities are A$3.1M and A$1.9M respectively.
Key information
75.3%
Debt to equity ratio
AU$888.82k
Debt
| Interest coverage ratio | n/a |
| Cash | AU$643.76k |
| Equity | AU$1.18m |
| Total liabilities | AU$1.90m |
| Total assets | AU$3.08m |
Financial Position Analysis
Short Term Liabilities: ID8's short term assets (A$2.0M) exceed its short term liabilities (A$1.9M).
Long Term Liabilities: ID8 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: ID8's net debt to equity ratio (20.8%) is considered satisfactory.
Reducing Debt: ID8's debt to equity ratio has increased from 0% to 75.3% 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: ID8 has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: ID8 is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.