Paysign Balance Sheet Health
Financial Health criteria checks 6/6
Paysign has a total shareholder equity of $24.5M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $146.6M and $122.1M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$16.99m |
| Equity | US$24.49m |
| Total liabilities | US$122.11m |
| Total assets | US$146.60m |
Recent financial health updates
Recent updates
Paysign, Inc. (NASDAQ:PAYS) Stocks Shoot Up 30% But Its P/S Still Looks Reasonable
Apr 26
Here's Why We Think PaySign (NASDAQ:PAYS) Is Well Worth Watching
Mar 29Revenues Tell The Story For PaySign, Inc. (NASDAQ:PAYS)
Jan 25The Recovery At PaySign Has Legs
Aug 30Earnings Update: Here's Why Analysts Just Lifted Their PaySign, Inc. (NASDAQ:PAYS) Price Target To US$3.75
Aug 13Calculating The Fair Value Of PaySign, Inc. (NASDAQ:PAYS)
Jun 14At US$1.42, Is PaySign, Inc. (NASDAQ:PAYS) Worth Looking At Closely?
May 16PaySign: A 'Backdoor' $2 Stagflation Play
Mar 29Paysign: My Top Rebound Pick For 2022
Dec 28Paysign: The Plasma Toll Booth
Sep 23PaySign's Post-Pandemic Payoff
Sep 07Why PaySign Is A Very Good Company
Dec 28PaySign: Long-Term Story Still Intact
Dec 21Paysign reports Q3 results
Nov 17Financial Position Analysis
Short Term Liabilities: PAYS's short term assets ($129.2M) exceed its short term liabilities ($119.2M).
Long Term Liabilities: PAYS's short term assets ($129.2M) exceed its long term liabilities ($2.9M).
Debt to Equity History and Analysis
Debt Level: PAYS is debt free.
Reducing Debt: PAYS had no debt 5 years ago.
Debt Coverage: PAYS has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: PAYS has no debt, therefore coverage of interest payments is not a concern.