Life360 Balance Sheet Health
Financial Health criteria checks 6/6
Life360 has a total shareholder equity of $247.1M and total debt of $4.5M, which brings its debt-to-equity ratio to 1.8%. Its total assets and total liabilities are $321.7M and $74.7M respectively.
Key information
1.8%
Debt to equity ratio
US$4.51m
Debt
Interest coverage ratio | n/a |
Cash | US$68.96m |
Equity | US$247.06m |
Total liabilities | US$74.65m |
Total assets | US$321.72m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 360's short term assets ($131.4M) exceed its short term liabilities ($70.8M).
Long Term Liabilities: 360's short term assets ($131.4M) exceed its long term liabilities ($3.8M).
Debt to Equity History and Analysis
Debt Level: 360 has more cash than its total debt.
Reducing Debt: 360's debt to equity ratio has reduced from 24.2% to 1.8% 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: Whilst unprofitable 360 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 360 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 8.2% per year.