Lottery.com Balance Sheet Health
Financial Health criteria checks 2/6
Lottery.com has a total shareholder equity of $34.6M and total debt of $6.7M, which brings its debt-to-equity ratio to 19.4%. Its total assets and total liabilities are $63.1M and $28.4M respectively.
Key information
19.4%
Debt to equity ratio
US$6.73m
Debt
Interest coverage ratio | n/a |
Cash | US$84.05k |
Equity | US$34.61m |
Total liabilities | US$28.44m |
Total assets | US$63.06m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6V8's short term assets ($20.3M) do not cover its short term liabilities ($28.4M).
Long Term Liabilities: 6V8 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 6V8's net debt to equity ratio (19.2%) 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 20% each year