Spotlio Balance Sheet Health
Financial Health criteria checks 2/6
Spotlio has a total shareholder equity of $8.5M and total debt of $41.0K, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are $13.0M and $4.5M respectively.
Key information
0.5%
Debt to equity ratio
US$41.00k
Debt
| Interest coverage ratio | n/a |
| Cash | US$696.00k |
| Equity | US$8.51m |
| Total liabilities | US$4.49m |
| Total assets | US$13.00m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SPOT's short term assets ($2.1M) do not cover its short term liabilities ($3.0M).
Long Term Liabilities: SPOT's short term assets ($2.1M) exceed its long term liabilities ($1.5M).
Debt to Equity History and Analysis
Debt Level: SPOT has more cash than its total debt.
Reducing Debt: Insufficient data to determine if SPOT'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: SPOT has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: SPOT has less than a year of cash runway if free cash flow continues to grow at historical rates of 12.2% each year.