Color Star Technology Balance Sheet Health
Financial Health criteria checks 6/6
Color Star Technology has a total shareholder equity of $18.5M and total debt of $1.6M, which brings its debt-to-equity ratio to 8.8%. Its total assets and total liabilities are $27.6M and $9.1M respectively.
Key information
8.8%
Debt to equity ratio
US$1.64m
Debt
| Interest coverage ratio | n/a |
| Cash | US$20.22k |
| Equity | US$18.53m |
| Total liabilities | US$9.07m |
| Total assets | US$27.59m |
Recent financial health updates
Recent updates
Color Star Technology enters cooperation pact for Color World Metaverse
Oct 20Color Star Technology gains on regaining compliance with Nasdaq minimum bid price requirement
Oct 11Color Star Technology declines 45% on $5.6M direct placement
Sep 15Color star technology and global digital club forms strategic partnership with metaverse digital economy as the focus
Sep 06Color Star Technology names Farhan Qadir as CEO
Aug 10A Look At The Fair Value Of Color Star Technology Co., Ltd. (NASDAQ:CSCW)
Jul 22
Color Star Technology names Basil Wilson as new Chairman and CEO
Jun 17Color Star Technology inks strategic pact with two UAE companies
Dec 31Color Star Technology reports Q3 results
Nov 13Financial Position Analysis
Short Term Liabilities: ADD's short term assets ($10.5M) exceed its short term liabilities ($9.1M).
Long Term Liabilities: ADD's short term assets ($10.5M) exceed its long term liabilities ($8.6K).
Debt to Equity History and Analysis
Debt Level: ADD's net debt to equity ratio (8.7%) is considered satisfactory.
Reducing Debt: ADD's debt to equity ratio has reduced from 59.2% to 8.8% 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: ADD has sufficient cash runway for 0 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: ADD is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 01:44 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Color Star Technology Co., Ltd. is covered by 3 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Hunter Diamond | Diamond Equity Research LLC |
| Kun Tao | Roth MKM |
| Jodi Dai | Seaport Research Partners |