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Logiq Balance Sheet Health
Financial Health criteria checks 2/6
Logiq has a total shareholder equity of $9.4M and total debt of $10.0K, which brings its debt-to-equity ratio to 0.1%. Its total assets and total liabilities are $14.3M and $4.9M respectively.
Key information
0.1%
Debt to equity ratio
US$10.00k
Debt
| Interest coverage ratio | n/a |
| Cash | US$751.06k |
| Equity | US$9.36m |
| Total liabilities | US$4.90m |
| Total assets | US$14.26m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LGIQ's short term assets ($1.9M) do not cover its short term liabilities ($4.9M).
Long Term Liabilities: LGIQ's short term assets ($1.9M) exceed its long term liabilities ($10.0K).
Debt to Equity History and Analysis
Debt Level: LGIQ has more cash than its total debt.
Reducing Debt: LGIQ's debt to equity ratio has increased from 0% to 0.1% 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: LGIQ has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: LGIQ has less than a year of cash runway if free cash flow continues to reduce at historical rates of 36.5% each year