Creative Technology Balance Sheet Health
Financial Health criteria checks 6/6
Creative Technology has a total shareholder equity of $50.4M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $80.1M and $29.6M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$42.25m |
| Equity | US$50.44m |
| Total liabilities | US$29.63m |
| Total assets | US$80.06m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CTL's short term assets ($69.2M) exceed its short term liabilities ($20.1M).
Long Term Liabilities: CTL's short term assets ($69.2M) exceed its long term liabilities ($9.5M).
Debt to Equity History and Analysis
Debt Level: CTL is debt free.
Reducing Debt: CTL has not had any debt for 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: CTL has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: CTL has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 32.9% each year