SmileDirectClub Balance Sheet Health
Financial Health criteria checks 0/6
SmileDirectClub has a total shareholder equity of $-490.1M and total debt of $863.4M, which brings its debt-to-equity ratio to -176.2%. Its total assets and total liabilities are $498.7M and $988.8M respectively.
Key information
-176.2%
Debt to equity ratio
US$863.41m
Debt
| Interest coverage ratio | n/a |
| Cash | US$28.93m |
| Equity | -US$490.11m |
| Total liabilities | US$988.82m |
| Total assets | US$498.71m |
Recent financial health updates
SmileDirectClub (NASDAQ:SDC) Is Carrying A Fair Bit Of Debt
Aug 10
SmileDirectClub (NASDAQ:SDC) Is Carrying A Fair Bit Of Debt
May 11Recent updates
SmileDirectClub: Avoid This Cash Burner
Oct 20SmileDirectClub adds new retainer manufacturing tech at Antioch Smile Labs
Sep 06News Flash: 9 Analysts Think SmileDirectClub, Inc. (NASDAQ:SDC) Earnings Are Under Threat
Aug 14SmileDirectClub: No Easy Solutions
Aug 06SmileDirectClub: Nothing To Smile At
May 17Why SmileDirectClub (NASDAQ:SDC) may Have Even Less Time to Turn Things Around
Mar 10SmileDirectClub: Prove Me Wrong Starting With Q4 Numbers
Feb 22SmileDirectClub: An Amazing Opportunity
Dec 09SmileDirectClub: Don't Wait For A Short Squeeze
Oct 29SmileDirectClub Stock Has Short Squeeze Potential
Oct 133D Printing Done Right - How SmileDirectClub (NASDAQ:SDC) Gives a Better and Cost-Effective Dental Service
Sep 27SmileDirectClub's (NASDAQ:SDC) Cash Burn Situation is Getting Better - But Not Good Enough for a Short-squeeze
Sep 02SmileDirectClub: Multiple Catalysts Are Aligning
Sep 01SmileDirectClub (NASDAQ:SDC) Is Carrying A Fair Bit Of Debt
Aug 10SmileDirectClub: Lurking Dilution Ahead
Jun 15SmileDirectClub posts sharpest one-day gain since January
Jun 08SmileDirectClub (NASDAQ:SDC) Is Carrying A Fair Bit Of Debt
May 11SmileDirectClub extends losses as analysts weigh in on cybersecurity incident
May 04When Can We Expect A Profit From SmileDirectClub, Inc. (NASDAQ:SDC)?
Mar 01SmileDirectClub announces convertible notes offering
Feb 04Financial Position Analysis
Short Term Liabilities: SDCC.Q has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: SDCC.Q 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: SDCC.Q has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: SDCC.Q'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: SDCC.Q has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: SDCC.Q has less than a year of cash runway if free cash flow continues to grow at historical rates of 1.5% each year.