Confluent Balance Sheet Health
Financial Health criteria checks 4/6
Confluent has a total shareholder equity of $873.9M and total debt of $1.1B, which brings its debt-to-equity ratio to 124.8%. Its total assets and total liabilities are $2.5B and $1.7B respectively.
Key information
124.8%
Debt to equity ratio
US$1.09b
Debt
| Interest coverage ratio | n/a |
| Cash | US$1.93b |
| Equity | US$873.86m |
| Total liabilities | US$1.65b |
| Total assets | US$2.53b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8QR's short term assets ($2.3B) exceed its short term liabilities ($520.2M).
Long Term Liabilities: 8QR's short term assets ($2.3B) exceed its long term liabilities ($1.1B).
Debt to Equity History and Analysis
Debt Level: 8QR has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 8QR's debt to equity ratio has reduced 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: 8QR has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 8QR has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.