Scott's Liquid Gold-Inc Balance Sheet Health
Financial Health criteria checks 6/6
Scott's Liquid Gold-Inc has a total shareholder equity of $2.8M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $5.7M and $2.9M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$3.03m |
Equity | US$2.78m |
Total liabilities | US$2.93m |
Total assets | US$5.71m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SLGD's short term assets ($4.4M) exceed its short term liabilities ($716.0K).
Long Term Liabilities: SLGD's short term assets ($4.4M) exceed its long term liabilities ($2.2M).
Debt to Equity History and Analysis
Debt Level: SLGD is debt free.
Reducing Debt: SLGD had no debt 5 years ago.
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: SLGD has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: SLGD has sufficient cash runway for 1 years if free cash flow continues to reduce at historical rates of 46.6% each year.