Color Star Technology Balance Sheet Health
Financial Health criteria checks 4/6
Color Star Technology has a total shareholder equity of $24.7M and total debt of $580.0K, which brings its debt-to-equity ratio to 2.3%. Its total assets and total liabilities are $30.0M and $5.3M respectively.
Key information
2.3%
Debt to equity ratio
US$580.00k
Debt
Interest coverage ratio | n/a |
Cash | US$239.47k |
Equity | US$24.72m |
Total liabilities | US$5.33m |
Total assets | US$30.04m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2J4A's short term assets ($16.0M) exceed its short term liabilities ($5.3M).
Long Term Liabilities: 2J4A has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 2J4A's net debt to equity ratio (1.4%) is considered satisfactory.
Reducing Debt: 2J4A's debt to equity ratio has reduced from 268.6% to 2.3% 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: Insufficient data to determine if 2J4A has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 2J4A has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.