Sonder Holdings Balance Sheet Health
Financial Health criteria checks 1/6
Sonder Holdings has a total shareholder equity of $-387.4M and total debt of $192.7M, which brings its debt-to-equity ratio to -49.7%. Its total assets and total liabilities are $1.2B and $1.6B respectively.
Key information
-49.7%
Debt to equity ratio
US$192.65m
Debt
| Interest coverage ratio | n/a |
| Cash | US$17.54m |
| Equity | -US$387.36m |
| Total liabilities | US$1.60b |
| Total assets | US$1.21b |
Recent financial health updates
Recent updates
A Piece Of The Puzzle Missing From Sonder Holdings Inc.'s (NASDAQ:SOND) 165% Share Price Climb
Feb 28
Slammed 42% Sonder Holdings Inc. (NASDAQ:SOND) Screens Well Here But There Might Be A Catch
Apr 17Sonder Holdings Q2 revenue up Y/Y, Q3 guidance above consensus
Aug 10Sonder Holdings Inc.'s (NASDAQ:SOND) Intrinsic Value Is Potentially 23% Below Its Share Price
Jun 23Sonder Holdings: Sizing Up An Airbnb-Like Small Cap
Jun 06Analysts Have Been Trimming Their Sonder Holdings Inc. (NASDAQ:SOND) Price Target After Its Latest Report
May 15Financial Position Analysis
Short Term Liabilities: SOND has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: SOND has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: SOND has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: SOND's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: SOND has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: Insufficient data to determine if SOND has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.