Liquid Media Group Balance Sheet Health
Financial Health criteria checks 4/6
Liquid Media Group has a total shareholder equity of $5.8M and total debt of $410.4K, which brings its debt-to-equity ratio to 7%. Its total assets and total liabilities are $14.7M and $8.9M respectively.
Key information
7.0%
Debt to equity ratio
US$410.41k
Debt
Interest coverage ratio | n/a |
Cash | US$447.47k |
Equity | US$5.82m |
Total liabilities | US$8.90m |
Total assets | US$14.72m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: L7BB's short term assets ($2.7M) do not cover its short term liabilities ($5.1M).
Long Term Liabilities: L7BB's short term assets ($2.7M) do not cover its long term liabilities ($3.8M).
Debt to Equity History and Analysis
Debt Level: L7BB has more cash than its total debt.
Reducing Debt: L7BB had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: L7BB has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: L7BB is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.