Connexa Sports Technologies Balance Sheet Health
Financial Health criteria checks 5/6
Connexa Sports Technologies has a total shareholder equity of $4.0M and total debt of $5.7M, which brings its debt-to-equity ratio to 141.5%. Its total assets and total liabilities are $21.7M and $17.7M respectively.
Key information
141.5%
Debt to equity ratio
US$5.72m
Debt
Interest coverage ratio | n/a |
Cash | US$17.19m |
Equity | US$4.05m |
Total liabilities | US$17.70m |
Total assets | US$21.75m |
Recent financial health updates
Is Connexa Sports Technologies (NASDAQ:YYAI) A Risky Investment?
Jun 20Connexa Sports Technologies (NASDAQ:CNXA) Has Debt But No Earnings; Should You Worry?
Mar 07Recent updates
Is Connexa Sports Technologies (NASDAQ:YYAI) A Risky Investment?
Jun 20Connexa Sports Technologies (NASDAQ:CNXA) Has Debt But No Earnings; Should You Worry?
Mar 07Connexa Sports Technologies receives Nasdaq notice regarding late filing of quarterly report on form 10-Q
Sep 26Connexa expands PlaySight technology footprint in the NBA
Aug 30Financial Position Analysis
Short Term Liabilities: YYAI's short term assets ($19.7M) exceed its short term liabilities ($16.5M).
Long Term Liabilities: YYAI's short term assets ($19.7M) exceed its long term liabilities ($1.2M).
Debt to Equity History and Analysis
Debt Level: YYAI has more cash than its total debt.
Reducing Debt: Insufficient data to determine if YYAI's debt to equity ratio has reduced 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: YYAI has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: YYAI has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 20% each year