Digicut Production & Advertising Balance Sheet Health
Financial Health criteria checks 3/6
Digicut Production & Advertising has a total shareholder equity of GHS2.6M and total debt of GHS1.0M, which brings its debt-to-equity ratio to 38.9%. Its total assets and total liabilities are GHS5.3M and GHS2.7M respectively.
Key information
38.9%
Debt to equity ratio
GH₵1.02m
Debt
Interest coverage ratio | n/a |
Cash | GH₵22.29k |
Equity | GH₵2.62m |
Total liabilities | GH₵2.72m |
Total assets | GH₵5.35m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DIGICUT's short term assets (GHS4.8M) exceed its short term liabilities (GHS1.7M).
Long Term Liabilities: DIGICUT's short term assets (GHS4.8M) exceed its long term liabilities (GHS1.0M).
Debt to Equity History and Analysis
Debt Level: DIGICUT's net debt to equity ratio (38%) is considered satisfactory.
Reducing Debt: DIGICUT's debt to equity ratio has increased from 30.4% to 38.9% 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: Insufficient data to determine if DIGICUT has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if DIGICUT has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.