Lottery.com Balance Sheet Health
Financial Health criteria checks 2/6
Lottery.com has a total shareholder equity of $54.8M and total debt of $4.4M, which brings its debt-to-equity ratio to 8.1%. Its total assets and total liabilities are $76.4M and $21.6M respectively.
Key information
8.1%
Debt to equity ratio
US$4.43m
Debt
| Interest coverage ratio | n/a |
| Cash | US$54.36k |
| Equity | US$54.77m |
| Total liabilities | US$21.63m |
| Total assets | US$76.40m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6V8's short term assets ($20.4M) do not cover its short term liabilities ($21.6M).
Long Term Liabilities: 6V8 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 6V8's net debt to equity ratio (8%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 6V8's debt to equity ratio has reduced 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: 6V8 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 6V8 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 43.6% each year