Ispire Technology Balance Sheet Health
Financial Health criteria checks 6/6
Ispire Technology has a total shareholder equity of $34.5M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $122.6M and $88.2M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$35.07m |
| Equity | US$34.46m |
| Total liabilities | US$88.18m |
| Total assets | US$122.64m |
Recent financial health updates
We're Not Very Worried About Ispire Technology's (NASDAQ:ISPR) Cash Burn Rate
Aug 07
Companies Like Ispire Technology (NASDAQ:ISPR) Are In A Position To Invest In Growth
Dec 20Recent updates
We're Not Very Worried About Ispire Technology's (NASDAQ:ISPR) Cash Burn Rate
Aug 07Market Participants Recognise Ispire Technology Inc.'s (NASDAQ:ISPR) Revenues Pushing Shares 28% Higher
May 21Ispire Finds Success Straddling U.S.-China Divide. But Are Its Cannabis Dreams Just Hot Air?
Feb 29Companies Like Ispire Technology (NASDAQ:ISPR) Are In A Position To Invest In Growth
Dec 20Financial Position Analysis
Short Term Liabilities: ISPR's short term assets ($102.6M) exceed its short term liabilities ($86.0M).
Long Term Liabilities: ISPR's short term assets ($102.6M) exceed its long term liabilities ($2.2M).
Debt to Equity History and Analysis
Debt Level: ISPR is debt free.
Reducing Debt: ISPR 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: ISPR has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: ISPR has sufficient cash runway for 1.3 years if free cash flow continues to reduce at historical rates of 82.1% each year.