Seeing Machines Balance Sheet Health
Financial Health criteria checks 2/6
Seeing Machines has a total shareholder equity of $47.8M and total debt of $42.7M, which brings its debt-to-equity ratio to 89.3%. Its total assets and total liabilities are $118.4M and $70.6M respectively.
Key information
89.3%
Debt to equity ratio
US$42.71m
Debt
Interest coverage ratio | n/a |
Cash | US$22.22m |
Equity | US$47.82m |
Total liabilities | US$70.57m |
Total assets | US$118.39m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: M2Z's short term assets ($55.3M) exceed its short term liabilities ($20.3M).
Long Term Liabilities: M2Z's short term assets ($55.3M) exceed its long term liabilities ($50.3M).
Debt to Equity History and Analysis
Debt Level: M2Z's net debt to equity ratio (42.9%) is considered high.
Reducing Debt: M2Z's debt to equity ratio has increased from 10.7% to 89.3% 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: M2Z has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if M2Z has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.