Dream Homes & Development Balance Sheet Health
Financial Health criteria checks 2/6
Dream Homes & Development has a total shareholder equity of $1.3M and total debt of $8.0M, which brings its debt-to-equity ratio to 607.5%. Its total assets and total liabilities are $10.5M and $9.2M respectively.
Key information
607.5%
Debt to equity ratio
US$7.99m
Debt
Interest coverage ratio | n/a |
Cash | US$56.08k |
Equity | US$1.32m |
Total liabilities | US$9.23m |
Total assets | US$10.55m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DREM's short term assets ($1.0M) do not cover its short term liabilities ($3.4M).
Long Term Liabilities: DREM's short term assets ($1.0M) do not cover its long term liabilities ($5.8M).
Debt to Equity History and Analysis
Debt Level: DREM's net debt to equity ratio (603.2%) is considered high.
Reducing Debt: DREM's debt to equity ratio has increased from 22.2% to 607.5% 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: Whilst unprofitable DREM has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: DREM is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 25% per year.