IZEA Worldwide Balance Sheet Health
Financial Health criteria checks 6/6
IZEA Worldwide has a total shareholder equity of $65.3M and total debt of $122.8K, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are $79.4M and $14.1M respectively.
Key information
0.2%
Debt to equity ratio
US$122.81k
Debt
Interest coverage ratio | n/a |
Cash | US$54.57m |
Equity | US$65.31m |
Total liabilities | US$14.11m |
Total assets | US$79.43m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2IZ0's short term assets ($60.4M) exceed its short term liabilities ($13.6M).
Long Term Liabilities: 2IZ0's short term assets ($60.4M) exceed its long term liabilities ($518.7K).
Debt to Equity History and Analysis
Debt Level: 2IZ0 has more cash than its total debt.
Reducing Debt: 2IZ0's debt to equity ratio has reduced from 21.1% to 0.2% 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: 2IZ0 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 2IZ0 has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 4.7% each year