Sociallite US Balance Sheet Health
Financial Health criteria checks 3/6
Sociallite US has a total shareholder equity of SEK225.0K and total debt of SEK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SEK30.3M and SEK30.1M respectively.
Key information
0%
Debt to equity ratio
SEK 0
Debt
| Interest coverage ratio | n/a |
| Cash | SEK 638.00k |
| Equity | SEK 225.00k |
| Total liabilities | SEK 30.06m |
| Total assets | SEK 30.28m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SOCIAL's short term assets (SEK4.3M) do not cover its short term liabilities (SEK29.3M).
Long Term Liabilities: SOCIAL's short term assets (SEK4.3M) exceed its long term liabilities (SEK801.0K).
Debt to Equity History and Analysis
Debt Level: SOCIAL is debt free.
Reducing Debt: SOCIAL has not had any debt for 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: SOCIAL has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: SOCIAL has less than a year of cash runway if free cash flow continues to reduce at historical rates of 9.3% each year