NerdWallet Balance Sheet Health
Financial Health criteria checks 6/6
NerdWallet has a total shareholder equity of $322.4M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $402.4M and $80.0M respectively. NerdWallet's EBIT is $14.6M making its interest coverage ratio -3.3. It has cash and short-term investments of $71.7M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | -3.3x |
| Cash | US$71.70m |
| Equity | US$322.40m |
| Total liabilities | US$80.00m |
| Total assets | US$402.40m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6OI's short term assets ($193.7M) exceed its short term liabilities ($66.5M).
Long Term Liabilities: 6OI's short term assets ($193.7M) exceed its long term liabilities ($13.5M).
Debt to Equity History and Analysis
Debt Level: 6OI is debt free.
Reducing Debt: 6OI had no debt 5 years ago.
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: Whilst unprofitable 6OI has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 6OI is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 66.6% per year.