Color Star Technology Balance Sheet Health
Financial Health criteria checks 6/6
Color Star Technology has a total shareholder equity of $18.5M and total debt of $1.6M, which brings its debt-to-equity ratio to 8.8%. Its total assets and total liabilities are $27.6M and $9.1M respectively.
Key information
8.8%
Debt to equity ratio
US$1.64m
Debt
| Interest coverage ratio | n/a |
| Cash | US$20.22k |
| Equity | US$18.53m |
| Total liabilities | US$9.07m |
| Total assets | US$27.59m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2J4's short term assets ($10.5M) exceed its short term liabilities ($9.1M).
Long Term Liabilities: 2J4's short term assets ($10.5M) exceed its long term liabilities ($8.6K).
Debt to Equity History and Analysis
Debt Level: 2J4's net debt to equity ratio (8.7%) is considered satisfactory.
Reducing Debt: 2J4's debt to equity ratio has reduced from 59.2% to 8.8% 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: 2J4 has sufficient cash runway for 0 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: 2J4 is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.