A Metaverse Balance Sheet Health
Financial Health criteria checks 4/6
A Metaverse has a total shareholder equity of CN¥203.1M and total debt of CN¥88.2M, which brings its debt-to-equity ratio to 43.4%. Its total assets and total liabilities are CN¥325.2M and CN¥122.0M respectively.
Key information
43.4%
Debt to equity ratio
CN¥88.23m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥236.75m |
| Equity | CN¥203.12m |
| Total liabilities | CN¥122.03m |
| Total assets | CN¥325.15m |
Financial Position Analysis
Short Term Liabilities: 1616's short term assets (CN¥263.9M) exceed its short term liabilities (CN¥121.2M).
Long Term Liabilities: 1616's short term assets (CN¥263.9M) exceed its long term liabilities (CN¥814.0K).
Debt to Equity History and Analysis
Debt Level: 1616 has more cash than its total debt.
Reducing Debt: 1616's debt to equity ratio has reduced from 88.5% to 43.4% 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 1616 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 1616 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.