Sunlight Financial Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Sunlight Financial Holdings has a total shareholder equity of $259.0M and total debt of $52.3M, which brings its debt-to-equity ratio to 20.2%. Its total assets and total liabilities are $434.8M and $175.8M respectively.
Key information
20.2%
Debt to equity ratio
US$52.27m
Debt
| Interest coverage ratio | n/a |
| Cash | US$80.15m |
| Equity | US$258.98m |
| Total liabilities | US$175.80m |
| Total assets | US$434.78m |
Recent financial health updates
Recent updates
Sunlight Financial Holdings Inc. (NYSE:SUNL) Not Doing Enough For Some Investors As Its Shares Slump 26%
Apr 18
Sunlight Financial HoldingsEPS of -$3.16, revenue of $33.26M beats by $2.83M
Nov 14Sunlight Financial: Challenging Times
Oct 13Sunlight Financial stock tumbles 15% postmarket after FY guidance withdrawn
Sep 28Sizing Up Sunlight Financial Holdings
Nov 03Financial Position Analysis
Short Term Liabilities: SUNL.Q's short term assets ($96.0M) exceed its short term liabilities ($66.5M).
Long Term Liabilities: SUNL.Q's short term assets ($96.0M) do not cover its long term liabilities ($109.3M).
Debt to Equity History and Analysis
Debt Level: SUNL.Q has more cash than its total debt.
Reducing Debt: Insufficient data to determine if SUNL.Q'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: Whilst unprofitable SUNL.Q has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: SUNL.Q is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 4.1% per year.