PopReach Balance Sheet Health
Financial Health criteria checks 2/6
PopReach has a total shareholder equity of $909.0K and total debt of $93.1M, which brings its debt-to-equity ratio to 10239.2%. Its total assets and total liabilities are $139.5M and $138.5M respectively.
Key information
10,239.2%
Debt to equity ratio
US$93.07m
Debt
| Interest coverage ratio | n/a |
| Cash | US$7.40m |
| Equity | US$909.00k |
| Total liabilities | US$138.55m |
| Total assets | US$139.46m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: INIK's short term assets ($46.7M) do not cover its short term liabilities ($55.3M).
Long Term Liabilities: INIK's short term assets ($46.7M) do not cover its long term liabilities ($83.2M).
Debt to Equity History and Analysis
Debt Level: INIK's net debt to equity ratio (9425.5%) is considered high.
Reducing Debt: Insufficient data to determine if INIK's debt to equity ratio has reduced over the 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: Whilst unprofitable INIK has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: INIK is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 50.2% per year.