Stryve Foods Balance Sheet Health
Financial Health criteria checks 2/6
Stryve Foods has a total shareholder equity of $1.6M and total debt of $11.7M, which brings its debt-to-equity ratio to 737.6%. Its total assets and total liabilities are $32.7M and $31.1M respectively.
Key information
737.6%
Debt to equity ratio
US$11.74m
Debt
| Interest coverage ratio | n/a |
| Cash | US$369.11k |
| Equity | US$1.59m |
| Total liabilities | US$31.12m |
| Total assets | US$32.71m |
Recent financial health updates
Recent updates
Sentiment Still Eluding Stryve Foods, Inc. (NASDAQ:SNAX)
Mar 29
Stryve Foods, Inc. (NASDAQ:SNAX) Stock Rockets 30% But Many Are Still Ignoring The Company
Nov 18Stryve Foods reports Q2 earnings; narrows FY22 revenue guidance below estimates
Aug 15Earnings Release: Here's Why Analysts Cut Their Stryve Foods, Inc. (NASDAQ:SNAX) Price Target To US$2.67
May 15Some Stryve Foods, Inc. (NASDAQ:SNAX) Analysts Just Made A Major Cut To Next Year's Estimates
May 02Stryve Foods - Another Failed SPAC Deal - Avoid
Mar 29Financial Position Analysis
Short Term Liabilities: SNAX's short term assets ($8.4M) do not cover its short term liabilities ($15.8M).
Long Term Liabilities: SNAX's short term assets ($8.4M) do not cover its long term liabilities ($15.3M).
Debt to Equity History and Analysis
Debt Level: SNAX's net debt to equity ratio (714.4%) is considered high.
Reducing Debt: Insufficient data to determine if SNAX'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: SNAX has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: SNAX is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.