Reed's Balance Sheet Health

Financial Health criteria checks 0/6

Reed's has a total shareholder equity of $-20.7M and total debt of $26.0M, which brings its debt-to-equity ratio to -125.6%. Its total assets and total liabilities are $19.3M and $40.0M respectively.

Key information

-125.6%

Debt to equity ratio

US$26.04m

Debt

Interest coverage ration/a
CashUS$314.00k
Equity-US$20.72m
Total liabilitiesUS$39.98m
Total assetsUS$19.25m

Recent financial health updates

Recent updates

Here's Why Reed's (NASDAQ:REED) Can Afford Some Debt

Jan 05
Here's Why Reed's (NASDAQ:REED) Can Afford Some Debt

Reed's (NASDAQ:REED) Is Carrying A Fair Bit Of Debt

Aug 18
Reed's (NASDAQ:REED) Is Carrying A Fair Bit Of Debt

Reed's soars after landing CVS deal; see who called it

May 04

Reed's' (NASDAQ:REED) Stock Price Has Reduced 76% In The Past Five Years

Feb 16
Reed's' (NASDAQ:REED) Stock Price Has Reduced 76% In The Past Five Years

Reed's Is Not Worth The Risk

Feb 02

Reed’s stock rally on guiding Q4 sales above consensus

Jan 13

Financial Position Analysis

Short Term Liabilities: REED has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: REED has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: REED has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: REED's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


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: REED has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: REED has less than a year of cash runway if free cash flow continues to grow at historical rates of 2.5% each year.


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