Smart Wires Technology Balance Sheet Health
Financial Health criteria checks 4/6
Smart Wires Technology has a total shareholder equity of $31.2M and total debt of $29.0M, which brings its debt-to-equity ratio to 93%. Its total assets and total liabilities are $96.0M and $64.8M respectively.
Key information
93.0%
Debt to equity ratio
US$29.02m
Debt
| Interest coverage ratio | n/a |
| Cash | US$9.46m |
| Equity | US$31.19m |
| Total liabilities | US$64.76m |
| Total assets | US$95.96m |
Recent financial health updates
Recent updates
Time To Worry? Analysts Just Downgraded Their Smart Wires Technology Ltd. (STO:GOGRID SDB) Outlook
Aug 17
Smart Wires Technology Ltd. (STO:GOGRID SDB) Just Reported Full-Year Earnings: Have Analysts Changed Their Mind On The Stock?
Mar 28Is Smart Wires Technology (STO:GOGRID SDB) In A Good Position To Invest In Growth?
Mar 17One Smart Wires Technology Ltd. (STO:GOGRID SDB) Analyst Has Been Cutting Their Forecasts
Nov 24Financial Position Analysis
Short Term Liabilities: GOGRID SDB's short term assets ($68.8M) exceed its short term liabilities ($25.2M).
Long Term Liabilities: GOGRID SDB's short term assets ($68.8M) exceed its long term liabilities ($39.6M).
Debt to Equity History and Analysis
Debt Level: GOGRID SDB's net debt to equity ratio (62.7%) is considered high.
Reducing Debt: Insufficient data to determine if GOGRID SDB'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: GOGRID SDB has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: GOGRID SDB is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.