Professional Diversity Network Balance Sheet Health
Financial Health criteria checks 5/6
Professional Diversity Network has a total shareholder equity of $1.6M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $5.3M and $3.7M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$133.68k |
| Equity | US$1.64m |
| Total liabilities | US$3.66m |
| Total assets | US$5.30m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: IPDN's short term assets ($1.6M) do not cover its short term liabilities ($3.4M).
Long Term Liabilities: IPDN's short term assets ($1.6M) exceed its long term liabilities ($217.4K).
Debt to Equity History and Analysis
Debt Level: IPDN is debt free.
Reducing Debt: IPDN has no debt compared to 5 years ago when its debt to equity ratio was 7.9%.
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: IPDN has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: IPDN is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.