EQUATOR Beverage Balance Sheet Health
Financial Health criteria checks 4/6
EQUATOR Beverage has a total shareholder equity of $270.9K and total debt of $230.0K, which brings its debt-to-equity ratio to 84.9%. Its total assets and total liabilities are $581.5K and $310.6K respectively.
Key information
84.9%
Debt to equity ratio
US$230.00k
Debt
| Interest coverage ratio | n/a |
| Cash | US$87.34k |
| Equity | US$270.87k |
| Total liabilities | US$310.62k |
| Total assets | US$581.49k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MOJO's short term assets ($581.5K) exceed its short term liabilities ($310.6K).
Long Term Liabilities: MOJO has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: MOJO's net debt to equity ratio (52.7%) is considered high.
Reducing Debt: MOJO's debt to equity ratio has increased from 0% to 84.9% 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 MOJO has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: MOJO is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 9.3% per year.