MicroSalt Balance Sheet Health
Financial Health criteria checks 2/6
MicroSalt has a total shareholder equity of $874.0K and total debt of $2.9M, which brings its debt-to-equity ratio to 335.4%. Its total assets and total liabilities are $4.5M and $3.6M respectively.
Key information
335.4%
Debt to equity ratio
US$2.93m
Debt
| Interest coverage ratio | n/a |
| Cash | US$2.42m |
| Equity | US$874.00k |
| Total liabilities | US$3.58m |
| Total assets | US$4.45m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: U8I's short term assets ($4.1M) exceed its short term liabilities ($649.0K).
Long Term Liabilities: U8I's short term assets ($4.1M) exceed its long term liabilities ($2.9M).
Debt to Equity History and Analysis
Debt Level: U8I's net debt to equity ratio (58.6%) is considered high.
Reducing Debt: Insufficient data to determine if U8I'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: U8I has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: U8I has less than a year of cash runway if free cash flow continues to reduce at historical rates of 43% each year