Safety Shot Balance Sheet Health
Financial Health criteria checks 4/6
Safety Shot has a total shareholder equity of $6.5M and total debt of $2.3M, which brings its debt-to-equity ratio to 35.3%. Its total assets and total liabilities are $10.7M and $4.2M respectively.
Key information
35.3%
Debt to equity ratio
US$2.28m
Debt
| Interest coverage ratio | n/a |
| Cash | US$3.28m |
| Equity | US$6.47m |
| Total liabilities | US$4.23m |
| Total assets | US$10.69m |
Recent financial health updates
Recent updates
Is Safety Shot (NASDAQ:SHOT) Using Debt In A Risky Way?
Mar 05
Jupiter Wellness to get US patent for minoxidil use in hair loss disorder
Sep 28Jupiter Wellness inks exclusive licensing deal with Rejoy for new prescription products
Sep 20Jupiter Wellness agrees with drug developer to refrain from exercising convertible note rights
Jul 26Jupiter Wellness says developing a new women’s sexual health product
Jul 06Jupiter Wellness: Advancing CBD-Based Medical Therapeutics And Wellness Products
Nov 30Jupiter Wellness concludes enrollment in eczema study with JW-100
Dec 22Vinco Ventures divests WOS to Jupiter Wellness
Dec 03Financial Position Analysis
Short Term Liabilities: SHOT's short term assets ($5.9M) exceed its short term liabilities ($3.4M).
Long Term Liabilities: SHOT's short term assets ($5.9M) exceed its long term liabilities ($853.9K).
Debt to Equity History and Analysis
Debt Level: SHOT has more cash than its total debt.
Reducing Debt: SHOT's debt to equity ratio has reduced from 61.9% to 35.3% 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: SHOT has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: SHOT has less than a year of cash runway if free cash flow continues to reduce at historical rates of 44.3% each year