Scodix Balance Sheet Health
Financial Health criteria checks 2/6
Scodix has a total shareholder equity of $8.8M and total debt of $5.6M, which brings its debt-to-equity ratio to 64%. Its total assets and total liabilities are $23.2M and $14.4M respectively.
Key information
64.0%
Debt to equity ratio
US$5.65m
Debt
Interest coverage ratio | n/a |
Cash | US$1.86m |
Equity | US$8.83m |
Total liabilities | US$14.36m |
Total assets | US$23.19m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SCDX's short term assets ($16.9M) exceed its short term liabilities ($10.2M).
Long Term Liabilities: SCDX's short term assets ($16.9M) exceed its long term liabilities ($4.2M).
Debt to Equity History and Analysis
Debt Level: SCDX's net debt to equity ratio (42.9%) is considered high.
Reducing Debt: Insufficient data to determine if SCDX's debt to equity ratio has reduced 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: SCDX has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: SCDX has less than a year of cash runway if free cash flow continues to reduce at historical rates of 3.4% each year