Seeing Machines Balance Sheet Health
Financial Health criteria checks 3/6
Seeing Machines has a total shareholder equity of $37.0M and total debt of $45.7M, which brings its debt-to-equity ratio to 123.6%. Its total assets and total liabilities are $130.3M and $93.3M respectively.
Key information
123.6%
Debt to equity ratio
US$45.70m
Debt
| Interest coverage ratio | n/a |
| Cash | US$23.36m |
| Equity | US$36.98m |
| Total liabilities | US$93.31m |
| Total assets | US$130.30m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: M2Z's short term assets ($61.8M) exceed its short term liabilities ($32.7M).
Long Term Liabilities: M2Z's short term assets ($61.8M) exceed its long term liabilities ($60.7M).
Debt to Equity History and Analysis
Debt Level: M2Z's net debt to equity ratio (60.4%) is considered high.
Reducing Debt: M2Z's debt to equity ratio has increased from 0.9% to 123.6% 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 sufficient cash runway for more than a year 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.