Innovation Beverage Group Balance Sheet Health
Financial Health criteria checks 3/6
Innovation Beverage Group has a total shareholder equity of $608.5K and total debt of $1.6M, which brings its debt-to-equity ratio to 262.9%. Its total assets and total liabilities are $4.9M and $4.3M respectively.
Key information
262.9%
Debt to equity ratio
US$1.60m
Debt
| Interest coverage ratio | n/a |
| Cash | US$14.14k |
| Equity | US$608.47k |
| Total liabilities | US$4.32m |
| Total assets | US$4.93m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IBG's short term assets ($2.1M) do not cover its short term liabilities ($4.3M).
Long Term Liabilities: IBG's short term assets ($2.1M) exceed its long term liabilities ($45.9K).
Debt to Equity History and Analysis
Debt Level: IBG's net debt to equity ratio (260.6%) is considered high.
Reducing Debt: Insufficient data to determine if IBG'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 IBG has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: IBG is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 8.7% per year.