REMSleep Holdings Balance Sheet Health
Financial Health criteria checks 5/6
REMSleep Holdings has a total shareholder equity of $572.5K and total debt of $78.6K, which brings its debt-to-equity ratio to 13.7%. Its total assets and total liabilities are $1.1M and $493.9K respectively.
Key information
13.7%
Debt to equity ratio
US$78.61k
Debt
| Interest coverage ratio | n/a |
| Cash | US$698.73k |
| Equity | US$572.52k |
| Total liabilities | US$493.90k |
| Total assets | US$1.07m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RMSL's short term assets ($804.5K) exceed its short term liabilities ($493.9K).
Long Term Liabilities: RMSL has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: RMSL has more cash than its total debt.
Reducing Debt: RMSL had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: RMSL has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: RMSL has less than a year of cash runway if free cash flow continues to reduce at historical rates of 33% each year