ikeGPS Group Balance Sheet Health
Financial Health criteria checks 6/6
ikeGPS Group has a total shareholder equity of NZ$13.6M and total debt of NZ$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NZ$29.2M and NZ$15.6M respectively.
Key information
0%
Debt to equity ratio
NZ$0
Debt
| Interest coverage ratio | n/a |
| Cash | NZ$6.76m |
| Equity | NZ$13.55m |
| Total liabilities | NZ$15.65m |
| Total assets | NZ$29.20m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IKE's short term assets (NZ$14.6M) exceed its short term liabilities (NZ$10.4M).
Long Term Liabilities: IKE's short term assets (NZ$14.6M) exceed its long term liabilities (NZ$5.2M).
Debt to Equity History and Analysis
Debt Level: IKE is debt free.
Reducing Debt: IKE has not had any debt for 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: IKE has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: IKE has sufficient cash runway for 2 years if free cash flow continues to reduce at historical rates of 16.6% each year.