180 Degree Capital Balance Sheet Health
Financial Health criteria checks 6/6
180 Degree Capital has a total shareholder equity of $50.2M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $51.2M and $952.8K respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$282.17k |
| Equity | US$50.22m |
| Total liabilities | US$952.79k |
| Total assets | US$51.17m |
Recent financial health updates
No updates
Recent updates
180 Degree Capital net asset value projected to drop in Q3
Oct 12180 Degree Capital GAAP EPS of $8.35
Aug 08180 Degree Capital estimates Q2 NAV to decline
Jul 14Introducing 180 Degree Capital (NASDAQ:TURN), A Stock That Climbed 33% In The Last Five Years
Feb 24
180 Degree Capital announces reverse stock split
Jan 04180 Degree Capital initiates repurchases & 1-for-3 reverse stock split
Dec 21180 Degree Capital reports Q3 results
Nov 18Financial Position Analysis
Short Term Liabilities: TURN's short term assets ($980.4K) exceed its short term liabilities ($289.4K).
Long Term Liabilities: TURN's short term assets ($980.4K) exceed its long term liabilities ($663.4K).
Debt to Equity History and Analysis
Debt Level: TURN is debt free.
Reducing Debt: TURN had no debt 5 years ago.
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: Whilst unprofitable TURN has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: TURN is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 16% per year.