Fluent Balance Sheet Health
Financial Health criteria checks 4/6
Fluent has a total shareholder equity of $34.4M and total debt of $30.5M, which brings its debt-to-equity ratio to 88.6%. Its total assets and total liabilities are $111.9M and $77.5M respectively.
Key information
88.6%
Debt to equity ratio
US$30.49m
Debt
Interest coverage ratio | n/a |
Cash | US$15.80m |
Equity | US$34.40m |
Total liabilities | US$77.46m |
Total assets | US$111.87m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7TM0's short term assets ($78.4M) exceed its short term liabilities ($49.2M).
Long Term Liabilities: 7TM0's short term assets ($78.4M) exceed its long term liabilities ($28.2M).
Debt to Equity History and Analysis
Debt Level: 7TM0's net debt to equity ratio (42.7%) is considered high.
Reducing Debt: 7TM0's debt to equity ratio has increased from 26.8% to 88.6% 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: Whilst unprofitable 7TM0 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 7TM0 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 18.2% per year.