Firsthand Technology Value Fund Balance Sheet Health
Financial Health criteria checks 5/6
Firsthand Technology Value Fund has a total shareholder equity of $1.3M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $8.8M and $7.5M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$2.77k |
| Equity | US$1.26m |
| Total liabilities | US$7.55m |
| Total assets | US$8.81m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: SVVC's short term assets ($10.9K) do not cover its short term liabilities ($7.5M).
Long Term Liabilities: SVVC has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: SVVC is debt free.
Reducing Debt: SVVC has not had any debt for 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: SVVC has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: SVVC has sufficient cash runway for 1.5 years if free cash flow continues to reduce at historical rates of 8.2% each year.