SpotLite360 IOT Solutions Financial Health

How is SpotLite360 IOT Solutions's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: LITE's short term assets (CA$2.1M) exceed its short term liabilities (CA$1.3M).

Long Term Liabilities: LITE's short term assets (CA$2.1M) exceed its long term liabilities (CA$985.4K).


Debt to Equity History and Analysis

Debt Level: LITE has more cash than its total debt.

Reducing Debt: Insufficient data to determine if LITE'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: LITE has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: LITE has sufficient cash runway for 1.7 years if free cash flow continues to reduce at historical rates of 59.4% each year.


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