Newegg Commerce Balance Sheet Health
Financial Health criteria checks 6/6
Newegg Commerce has a total shareholder equity of $114.6M and total debt of $21.9M, which brings its debt-to-equity ratio to 19.1%. Its total assets and total liabilities are $378.4M and $263.8M respectively.
Key information
19.1%
Debt to equity ratio
US$21.94m
Debt
| Interest coverage ratio | n/a |
| Cash | US$49.68m |
| Equity | US$114.63m |
| Total liabilities | US$263.80m |
| Total assets | US$378.43m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: J8D's short term assets ($239.2M) exceed its short term liabilities ($198.2M).
Long Term Liabilities: J8D's short term assets ($239.2M) exceed its long term liabilities ($65.6M).
Debt to Equity History and Analysis
Debt Level: J8D has more cash than its total debt.
Reducing Debt: J8D's debt to equity ratio has reduced from 49.2% to 19.1% 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 J8D has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: J8D is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 19.7% per year.