authID Balance Sheet Health
Financial Health criteria checks 6/6
authID has a total shareholder equity of $15.6M and total debt of $236.8K, which brings its debt-to-equity ratio to 1.5%. Its total assets and total liabilities are $17.5M and $1.9M respectively.
Key information
1.5%
Debt to equity ratio
US$236.77k
Debt
Interest coverage ratio | n/a |
Cash | US$11.72m |
Equity | US$15.59m |
Total liabilities | US$1.88m |
Total assets | US$17.47m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8KZ0's short term assets ($13.1M) exceed its short term liabilities ($1.9M).
Long Term Liabilities: 8KZ0 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 8KZ0 has more cash than its total debt.
Reducing Debt: 8KZ0's debt to equity ratio has reduced from 16.5% to 1.5% 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: 8KZ0 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 8KZ0 has sufficient cash runway for 1 years if free cash flow continues to reduce at historical rates of 13.6% each year.