Spetz Balance Sheet Health
Financial Health criteria checks 3/6
Spetz has a total shareholder equity of $6.8M and total debt of $640.0K, which brings its debt-to-equity ratio to 9.4%. Its total assets and total liabilities are $9.2M and $2.4M respectively.
Key information
9.4%
Debt to equity ratio
US$640.00k
Debt
Interest coverage ratio | n/a |
Cash | US$397.00k |
Equity | US$6.84m |
Total liabilities | US$2.35m |
Total assets | US$9.19m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SPTZ's short term assets ($1.0M) do not cover its short term liabilities ($2.3M).
Long Term Liabilities: SPTZ's short term assets ($1.0M) exceed its long term liabilities ($57.0K).
Debt to Equity History and Analysis
Debt Level: SPTZ's net debt to equity ratio (3.6%) is considered satisfactory.
Reducing Debt: SPTZ had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: Insufficient data to determine if SPTZ has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if SPTZ has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.