BrandShield Systems Balance Sheet Health
Financial Health criteria checks 2/6
BrandShield Systems has a total shareholder equity of $344.0K and total debt of $2.2M, which brings its debt-to-equity ratio to 629.7%. Its total assets and total liabilities are $9.2M and $8.8M respectively.
Key information
629.7%
Debt to equity ratio
US$2.17m
Debt
| Interest coverage ratio | n/a |
| Cash | US$1.37m |
| Equity | US$344.04k |
| Total liabilities | US$8.83m |
| Total assets | US$9.17m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BRSD's short term assets ($4.2M) do not cover its short term liabilities ($8.2M).
Long Term Liabilities: BRSD's short term assets ($4.2M) exceed its long term liabilities ($624.9K).
Debt to Equity History and Analysis
Debt Level: BRSD's net debt to equity ratio (230.9%) is considered high.
Reducing Debt: BRSD had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: BRSD has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if BRSD has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.