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MetaWorks Platforms Balance Sheet Health
Financial Health criteria checks 4/6
MetaWorks Platforms has a total shareholder equity of $3.3M and total debt of $1.1M, which brings its debt-to-equity ratio to 35.2%. Its total assets and total liabilities are $5.4M and $2.2M respectively.
Key information
35.2%
Debt to equity ratio
US$1.15m
Debt
| Interest coverage ratio | n/a |
| Cash | US$12.88k |
| Equity | US$3.26m |
| Total liabilities | US$2.17m |
| Total assets | US$5.42m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MWRK's short term assets ($981.1K) do not cover its short term liabilities ($2.2M).
Long Term Liabilities: MWRK has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: MWRK's net debt to equity ratio (34.8%) is considered satisfactory.
Reducing Debt: MWRK's debt to equity ratio has increased from 19.4% to 35.2% 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: MWRK has sufficient cash runway for 0 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: MWRK is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.