Sizzle Acquisition Corp.

NasdaqGM:SZZL.U Stock Report

Market Cap: US$87.5m

Sizzle Acquisition Balance Sheet Health

Financial Health criteria checks 0/6

Sizzle Acquisition has a total shareholder equity of $-13.4M and total debt of $964.4K, which brings its debt-to-equity ratio to -7.2%. Its total assets and total liabilities are $33.8M and $47.1M respectively.

Key information

-7.2%

Debt to equity ratio

US$964.44k

Debt

Interest coverage ration/a
CashUS$1.08k
Equity-US$13.38m
Total liabilitiesUS$47.15m
Total assetsUS$33.77m

Recent financial health updates

Recent updates

Financial Position Analysis

Short Term Liabilities: SZZL.U has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: SZZL.U 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: SZZL.U has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: SZZL.U'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: SZZL.U has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: SZZL.U has less than a year of cash runway if free cash flow continues to reduce at historical rates of 46.3% each year


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