Swoop Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Swoop Holdings has a total shareholder equity of A$59.5M and total debt of A$23.3M, which brings its debt-to-equity ratio to 39.1%. Its total assets and total liabilities are A$125.9M and A$66.4M respectively.
Key information
39.1%
Debt to equity ratio
AU$23.26m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$10.90m |
| Equity | AU$59.47m |
| Total liabilities | AU$66.39m |
| Total assets | AU$125.87m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: SWP's short term assets (A$27.0M) do not cover its short term liabilities (A$31.0M).
Long Term Liabilities: SWP's short term assets (A$27.0M) do not cover its long term liabilities (A$35.4M).
Debt to Equity History and Analysis
Debt Level: SWP's net debt to equity ratio (20.8%) is considered satisfactory.
Reducing Debt: SWP had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: SWP has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: SWP has less than a year of cash runway if free cash flow continues to reduce at historical rates of 17.3% each year