EQUATOR Beverage Balance Sheet Health
Financial Health criteria checks 3/6
EQUATOR Beverage has a total shareholder equity of $414.5K and total debt of $310.0K, which brings its debt-to-equity ratio to 74.8%. Its total assets and total liabilities are $838.4K and $423.9K respectively.
Key information
74.8%
Debt to equity ratio
US$310.00k
Debt
| Interest coverage ratio | n/a |
| Cash | US$31.48k |
| Equity | US$414.52k |
| Total liabilities | US$423.92k |
| Total assets | US$838.44k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MOJO's short term assets ($838.4K) exceed its short term liabilities ($423.9K).
Long Term Liabilities: MOJO has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: MOJO's net debt to equity ratio (67.2%) is considered high.
Reducing Debt: MOJO's debt to equity ratio has increased from 0% to 74.8% 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: MOJO has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: MOJO has less than a year of cash runway if free cash flow continues to reduce at historical rates of 2.9% each year