Swoop Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Swoop Holdings has a total shareholder equity of A$61.7M and total debt of A$20.2M, which brings its debt-to-equity ratio to 32.7%. Its total assets and total liabilities are A$124.8M and A$63.1M respectively.
Key information
32.7%
Debt to equity ratio
AU$20.19m
Debt
Interest coverage ratio | n/a |
Cash | AU$16.17m |
Equity | AU$61.70m |
Total liabilities | AU$63.14m |
Total assets | AU$124.84m |
Financial Position Analysis
Short Term Liabilities: SWP's short term assets (A$28.0M) do not cover its short term liabilities (A$31.3M).
Long Term Liabilities: SWP's short term assets (A$28.0M) do not cover its long term liabilities (A$31.8M).
Debt to Equity History and Analysis
Debt Level: SWP's net debt to equity ratio (6.5%) 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 3 years based on its current free cash flow.
Forecast Cash Runway: SWP has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 18.7% each year