8x8 Balance Sheet Health
Financial Health criteria checks 3/6
8x8 has a total shareholder equity of $109.7M and total debt of $471.9M, which brings its debt-to-equity ratio to 430.3%. Its total assets and total liabilities are $826.7M and $717.0M respectively.
Key information
430.3%
Debt to equity ratio
US$471.91m
Debt
Interest coverage ratio | n/a |
Cash | US$169.55m |
Equity | US$109.67m |
Total liabilities | US$717.05m |
Total assets | US$826.72m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0IFS's short term assets ($302.5M) exceed its short term liabilities ($230.5M).
Long Term Liabilities: 0IFS's short term assets ($302.5M) do not cover its long term liabilities ($486.5M).
Debt to Equity History and Analysis
Debt Level: 0IFS's net debt to equity ratio (275.7%) is considered high.
Reducing Debt: 0IFS's debt to equity ratio has increased from 0% to 430.3% 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: Whilst unprofitable 0IFS has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 0IFS is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 32.8% per year.