Snipp Interactive Balance Sheet Health
Financial Health criteria checks 4/6
Snipp Interactive has a total shareholder equity of $6.2M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $15.8M and $9.7M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$5.71m |
| Equity | US$6.17m |
| Total liabilities | US$9.65m |
| Total assets | US$15.82m |
Recent financial health updates
No updates
Recent updates
Snipp Interactive Inc.'s (CVE:SPN) 27% Jump Shows Its Popularity With Investors
Dec 21
Optimistic Investors Push Snipp Interactive Inc. (CVE:SPN) Shares Up 31% But Growth Is Lacking
Nov 06Optimistic Investors Push Snipp Interactive Inc. (CVE:SPN) Shares Up 27% But Growth Is Lacking
Aug 02Some Snipp Interactive Inc. (CVE:SPN) Shareholders Look For Exit As Shares Take 29% Pounding
Jun 08Snipp Interactive Inc. (CVE:SPN) Might Not Be As Mispriced As It Looks
Mar 09What Does Snipp Interactive Inc.'s (CVE:SPN) Share Price Indicate?
Apr 03Is Now An Opportune Moment To Examine Snipp Interactive Inc. (CVE:SPN)?
Dec 15Financial Position Analysis
Short Term Liabilities: SPN's short term assets ($8.7M) do not cover its short term liabilities ($9.2M).
Long Term Liabilities: SPN's short term assets ($8.7M) exceed its long term liabilities ($473.1K).
Debt to Equity History and Analysis
Debt Level: SPN is debt free.
Reducing Debt: SPN has no debt compared to 5 years ago when its debt to equity ratio was 3%.
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: SPN has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if SPN has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 03:20 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Snipp Interactive Inc. is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Robert Goff | Echelon Wealth Partners Inc. |
| Daniel Rosenberg | Paradigm Capital, Inc. |