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 ration/a
CashUS$1.93m
EquityUS$2.10m
Total liabilitiesUS$348.79k
Total assetsUS$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.


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