Audioboom Group Balance Sheet Health
Financial Health criteria checks 5/6
Audioboom Group has a total shareholder equity of $1.5M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $21.4M and $19.9M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$3.46m |
| Equity | US$1.52m |
| Total liabilities | US$19.88m |
| Total assets | US$21.40m |
Recent financial health updates
We Think Audioboom Group (LON:BOOM) Can Afford To Drive Business Growth
Oct 23
Audioboom Group (LON:BOOM) Is In A Good Position To Deliver On Growth Plans
May 25We're Not Worried About Audioboom Group's (LON:BOOM) Cash Burn
Dec 29Here's Why We're Not Too Worried About Audioboom Group's (LON:BOOM) Cash Burn Situation
Apr 29Recent updates
We Think Audioboom Group (LON:BOOM) Can Afford To Drive Business Growth
Oct 23We Discuss Why Audioboom Group plc's (LON:BOOM) CEO Compensation May Be Closely Reviewed
Jul 17Audioboom Group (LON:BOOM) Is In A Good Position To Deliver On Growth Plans
May 25Audioboom Group plc (LON:BOOM) Not Doing Enough For Some Investors As Its Shares Slump 29%
Jun 25Is It Time To Consider Buying Audioboom Group plc (LON:BOOM)?
Feb 17Is There Now An Opportunity In Audioboom Group plc (LON:BOOM)?
Oct 17When Should You Buy Audioboom Group plc (LON:BOOM)?
Jun 16At UK£20.80, Is Audioboom Group plc (LON:BOOM) Worth Looking At Closely?
Feb 20We're Not Worried About Audioboom Group's (LON:BOOM) Cash Burn
Dec 29Here's Why We're Not Too Worried About Audioboom Group's (LON:BOOM) Cash Burn Situation
Apr 29The Audioboom Group (LON:BOOM) Share Price Has Gained 33% And Shareholders Are Hoping For More
Feb 10
Who Has Been Buying Audioboom Group plc (LON:BOOM) Shares?
Dec 20Financial Position Analysis
Short Term Liabilities: BOOM's short term assets ($18.8M) exceed its short term liabilities ($17.7M).
Long Term Liabilities: BOOM's short term assets ($18.8M) exceed its long term liabilities ($2.2M).
Debt to Equity History and Analysis
Debt Level: BOOM is debt free.
Reducing Debt: BOOM has no debt compared to 5 years ago when its debt to equity ratio was 17.6%.
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: BOOM has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if BOOM has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.