Fly Play hf Balance Sheet Health
Financial Health criteria checks 2/6
Fly Play hf has a total shareholder equity of $1.9M and total debt of $273.1M, which brings its debt-to-equity ratio to 14333.9%. Its total assets and total liabilities are $461.5M and $459.6M respectively.
Key information
14,333.9%
Debt to equity ratio
US$273.06m
Debt
| Interest coverage ratio | n/a |
| Cash | US$21.61m |
| Equity | US$1.91m |
| Total liabilities | US$459.63m |
| Total assets | US$461.53m |
Recent financial health updates
We're Not Worried About Fly Play hf's (ICE:PLAY) Cash Burn
Jun 23
We're Keeping An Eye On Fly Play hf's (ICE:PLAY) Cash Burn Rate
Feb 21We Think Fly Play hf (ICE:PLAY) Needs To Drive Business Growth Carefully
May 25Recent updates
Positive Sentiment Still Eludes Fly Play hf. (ICE:PLAY) Following 26% Share Price Slump
May 30Fly Play hf. (ICE:PLAY) Investors Are Less Pessimistic Than Expected
Feb 07We're Not Worried About Fly Play hf's (ICE:PLAY) Cash Burn
Jun 23We're Keeping An Eye On Fly Play hf's (ICE:PLAY) Cash Burn Rate
Feb 21We Think Fly Play hf (ICE:PLAY) Needs To Drive Business Growth Carefully
May 25Financial Position Analysis
Short Term Liabilities: PLAY's short term assets ($57.5M) do not cover its short term liabilities ($135.9M).
Long Term Liabilities: PLAY's short term assets ($57.5M) do not cover its long term liabilities ($323.7M).
Debt to Equity History and Analysis
Debt Level: PLAY's net debt to equity ratio (13199.7%) is considered high.
Reducing Debt: Insufficient data to determine if PLAY'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: Whilst unprofitable PLAY has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: PLAY is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 55.4% per year.