ThredUp Balance Sheet Health
Financial Health criteria checks 5/6
ThredUp has a total shareholder equity of $93.5M and total debt of $24.9M, which brings its debt-to-equity ratio to 26.6%. Its total assets and total liabilities are $244.3M and $150.7M respectively.
Key information
26.6%
Debt to equity ratio
US$24.89m
Debt
Interest coverage ratio | n/a |
Cash | US$62.51m |
Equity | US$93.53m |
Total liabilities | US$150.75m |
Total assets | US$244.28m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6XV's short term assets ($86.9M) exceed its short term liabilities ($77.1M).
Long Term Liabilities: 6XV's short term assets ($86.9M) exceed its long term liabilities ($73.7M).
Debt to Equity History and Analysis
Debt Level: 6XV has more cash than its total debt.
Reducing Debt: 6XV's debt to equity ratio has reduced from 45.4% to 26.6% 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: 6XV has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 6XV has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.