Jackpot Digital Balance Sheet Health

Financial Health criteria checks 1/6

Jackpot Digital has a total shareholder equity of CA$-10.5M and total debt of CA$11.1M, which brings its debt-to-equity ratio to -105.2%. Its total assets and total liabilities are CA$9.4M and CA$19.9M respectively.

Key information

-105.2%

Debt to equity ratio

CA$11.06m

Debt

Interest coverage ration/a
CashCA$4.19m
Equity-CA$10.52m
Total liabilitiesCA$19.95m
Total assetsCA$9.43m

Recent financial health updates

No updates

Recent updates

Jackpot Digital Inc.'s (CVE:JJ) CEO Compensation Looks Acceptable To Us And Here's Why

Nov 29
Jackpot Digital Inc.'s (CVE:JJ) CEO Compensation Looks Acceptable To Us And Here's Why

Here's Why Shareholders May Want To Be Cautious With Increasing Jackpot Digital Inc.'s (CVE:JJ) CEO Pay Packet

Sep 10
Here's Why Shareholders May Want To Be Cautious With Increasing Jackpot Digital Inc.'s (CVE:JJ) CEO Pay Packet

Financial Position Analysis

Short Term Liabilities: JJ has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: JJ has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: JJ has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: JJ's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


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: JJ has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: JJ has less than a year of cash runway if free cash flow continues to grow at historical rates of 2.8% each year.


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