Audioboom Group Balance Sheet Health
Financial Health criteria checks 5/6
Audioboom Group has a total shareholder equity of $1.5M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $21.4M and $19.9M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$3.46m |
| Equity | US$1.52m |
| Total liabilities | US$19.88m |
| Total assets | US$21.40m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: T28's short term assets ($18.8M) exceed its short term liabilities ($17.7M).
Long Term Liabilities: T28's short term assets ($18.8M) exceed its long term liabilities ($2.2M).
Debt to Equity History and Analysis
Debt Level: T28 is debt free.
Reducing Debt: T28 has no debt compared to 5 years ago when its debt to equity ratio was 17.6%.
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: T28 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if T28 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.