Spackman Entertainment Group Balance Sheet Health
Financial Health criteria checks 3/6
Spackman Entertainment Group has a total shareholder equity of $16.5M and total debt of $4.0M, which brings its debt-to-equity ratio to 24.4%. Its total assets and total liabilities are $22.8M and $6.4M respectively.
Key information
24.4%
Debt to equity ratio
US$4.02m
Debt
| Interest coverage ratio | n/a |
| Cash | US$1.13m |
| Equity | US$16.45m |
| Total liabilities | US$6.37m |
| Total assets | US$22.83m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 40E's short term assets ($7.5M) exceed its short term liabilities ($5.8M).
Long Term Liabilities: 40E's short term assets ($7.5M) exceed its long term liabilities ($528.0K).
Debt to Equity History and Analysis
Debt Level: 40E's net debt to equity ratio (17.5%) is considered satisfactory.
Reducing Debt: 40E's debt to equity ratio has increased from 7.5% to 24.4% 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: 40E has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 40E has less than a year of cash runway if free cash flow continues to reduce at historical rates of 20.8% each year