Sacks Parente Golf Balance Sheet Health
Financial Health criteria checks 4/6
Sacks Parente Golf has a total shareholder equity of $4.7M 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 $593.0K respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$4.08m |
Equity | US$4.70m |
Total liabilities | US$593.00k |
Total assets | US$5.29m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SPGC's short term assets ($4.7M) exceed its short term liabilities ($489.0K).
Long Term Liabilities: SPGC's short term assets ($4.7M) exceed its long term liabilities ($104.0K).
Debt to Equity History and Analysis
Debt Level: SPGC is debt free.
Reducing Debt: SPGC had no debt 5 years ago.
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: SPGC has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: SPGC has less than a year of cash runway if free cash flow continues to reduce at historical rates of 101.7% each year