Lottery.com Balance Sheet Health
Financial Health criteria checks 2/6
Lottery.com has a total shareholder equity of $38.0M and total debt of $6.1M, which brings its debt-to-equity ratio to 16%. Its total assets and total liabilities are $65.9M and $27.9M respectively.
Key information
16.0%
Debt to equity ratio
US$6.08m
Debt
Interest coverage ratio | n/a |
Cash | US$359.83k |
Equity | US$38.05m |
Total liabilities | US$27.90m |
Total assets | US$65.95m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: LTRY's short term assets ($20.2M) do not cover its short term liabilities ($27.9M).
Long Term Liabilities: LTRY has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: LTRY's net debt to equity ratio (15%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if LTRY'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: LTRY has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: LTRY has less than a year of cash runway if free cash flow continues to reduce at historical rates of 30.1% each year