Boxlight Balance Sheet Health
Financial Health criteria checks 4/6
Boxlight has a total shareholder equity of $35.1M and total debt of $38.8M, which brings its debt-to-equity ratio to 110.7%. Its total assets and total liabilities are $141.4M and $106.3M respectively.
Key information
110.7%
Debt to equity ratio
US$38.79m
Debt
| Interest coverage ratio | n/a |
| Cash | US$10.49m |
| Equity | US$35.05m |
| Total liabilities | US$106.34m |
| Total assets | US$141.40m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2IU0's short term assets ($87.4M) exceed its short term liabilities ($41.5M).
Long Term Liabilities: 2IU0's short term assets ($87.4M) exceed its long term liabilities ($64.8M).
Debt to Equity History and Analysis
Debt Level: 2IU0's net debt to equity ratio (80.7%) is considered high.
Reducing Debt: 2IU0's debt to equity ratio has reduced from 234.1% to 110.7% 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: 2IU0 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 2IU0 has less than a year of cash runway if free cash flow continues to grow at historical rates of 12.3% each year.