Recruiter.com Group Balance Sheet Health
Financial Health criteria checks 3/6
Recruiter.com Group has a total shareholder equity of $3.0M and total debt of $3.8M, which brings its debt-to-equity ratio to 128.5%. Its total assets and total liabilities are $10.1M and $7.1M respectively.
Key information
128.5%
Debt to equity ratio
US$3.81m
Debt
Interest coverage ratio | n/a |
Cash | US$583.24k |
Equity | US$2.97m |
Total liabilities | US$7.15m |
Total assets | US$10.11m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: RCRT's short term assets ($867.9K) do not cover its short term liabilities ($7.1M).
Long Term Liabilities: RCRT has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: RCRT's net debt to equity ratio (108.8%) is considered high.
Reducing Debt: RCRT's debt to equity ratio has increased from 2.7% to 128.5% 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: RCRT has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: RCRT has sufficient cash runway for 2.7 years if free cash flow continues to reduce at historical rates of 22.9% each year.