SHF Holdings Balance Sheet Health
Financial Health criteria checks 3/6
SHF Holdings has a total shareholder equity of $34.4M and total debt of $25.5M, which brings its debt-to-equity ratio to 74.2%. Its total assets and total liabilities are $67.9M and $33.5M respectively.
Key information
74.2%
Debt to equity ratio
US$25.48m
Debt
Interest coverage ratio | n/a |
Cash | US$4.89m |
Equity | US$34.36m |
Total liabilities | US$33.51m |
Total assets | US$67.86m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SHFS's short term assets ($8.1M) exceed its short term liabilities ($7.9M).
Long Term Liabilities: SHFS's short term assets ($8.1M) do not cover its long term liabilities ($25.6M).
Debt to Equity History and Analysis
Debt Level: SHFS's net debt to equity ratio (60%) is considered high.
Reducing Debt: Insufficient data to determine if SHFS'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: SHFS has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: SHFS has sufficient cash runway for 2.2 years if free cash flow continues to reduce at historical rates of 104.8% each year.