ContextLogic Balance Sheet Health
Financial Health criteria checks 4/6
ContextLogic has a total shareholder equity of $164.0M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $342.0M and $178.0M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$305.00m |
Equity | US$164.00m |
Total liabilities | US$178.00m |
Total assets | US$342.00m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LOGC's short term assets ($331.0M) exceed its short term liabilities ($164.0M).
Long Term Liabilities: LOGC's short term assets ($331.0M) exceed its long term liabilities ($14.0M).
Debt to Equity History and Analysis
Debt Level: LOGC is debt free.
Reducing Debt: LOGC has no debt compared to 5 years ago when its debt to equity ratio was 13.6%.
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: LOGC has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: LOGC has less than a year of cash runway if free cash flow continues to reduce at historical rates of 12.6% each year