ikeGPS Group Balance Sheet Health
Financial Health criteria checks 4/6
ikeGPS Group has a total shareholder equity of NZ$28.0M and total debt of NZ$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NZ$39.0M and NZ$11.0M respectively.
Key information
0%
Debt to equity ratio
NZ$0
Debt
Interest coverage ratio | n/a |
Cash | NZ$10.50m |
Equity | NZ$27.99m |
Total liabilities | NZ$11.04m |
Total assets | NZ$39.03m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IKE's short term assets (NZ$20.1M) exceed its short term liabilities (NZ$9.5M).
Long Term Liabilities: IKE's short term assets (NZ$20.1M) exceed its long term liabilities (NZ$1.5M).
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 less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: IKE has less than a year of cash runway if free cash flow continues to reduce at historical rates of 16.8% each year