Asset Entities Balance Sheet Health
Financial Health criteria checks 6/6
Asset Entities has a total shareholder equity of $2.1M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $2.4M and $348.8K respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$1.93m |
| Equity | US$2.10m |
| Total liabilities | US$348.79k |
| Total assets | US$2.45m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ASST's short term assets ($2.1M) exceed its short term liabilities ($348.8K).
Long Term Liabilities: ASST has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: ASST is debt free.
Reducing Debt: ASST has not had any debt for 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: ASST has sufficient cash runway for 5 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: ASST is forecast to have sufficient cash runway for 4 months based on free cash flow estimates, but has since raised additional capital.