180 Degree Capital Balance Sheet Health
Financial Health criteria checks 3/6
180 Degree Capital has a total shareholder equity of $45.0M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $46.0M and $934.4K respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$282.17k |
| Equity | US$45.04m |
| Total liabilities | US$934.36k |
| Total assets | US$45.98m |
Recent financial health updates
No updates
Recent updates
180 Degree Capital Q3 2024 Shareholder Letter
Nov 18180 Degree Capital Q2 2024 Shareholder Letter
Aug 21180 Degree Capital Q1 2024 Shareholder Letter
May 29180 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 ($412.9K) exceed its short term liabilities ($305.2K).
Long Term Liabilities: TURN's short term assets ($412.9K) do not cover its long term liabilities ($629.1K).
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: TURN has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: TURN has less than a year of cash runway if free cash flow continues to reduce at historical rates of 34.9% each year