Cineverse Balance Sheet Health
Financial Health criteria checks 4/6
Cineverse has a total shareholder equity of $28.8M and total debt of $7.8M, which brings its debt-to-equity ratio to 27%. Its total assets and total liabilities are $60.6M and $31.8M respectively.
Key information
27.0%
Debt to equity ratio
US$7.78m
Debt
| Interest coverage ratio | n/a |
| Cash | US$2.43m |
| Equity | US$28.79m |
| Total liabilities | US$31.81m |
| Total assets | US$60.60m |
Recent financial health updates
Is Cinedigm (NASDAQ:CIDM) A Risky Investment?
May 06
Is Cinedigm (NASDAQ:CIDM) Using Debt In A Risky Way?
Jan 09Recent updates
Is Cinedigm (NASDAQ:CIDM) A Risky Investment?
May 06An Intrinsic Calculation For Cinedigm Corp. (NASDAQ:CIDM) Suggests It's 23% Undervalued
Feb 17Is Cinedigm (NASDAQ:CIDM) Using Debt In A Risky Way?
Jan 09Cinedigm GAAP EPS of -$0.03 in-line, revenue of $13.59M beats by $2.04M
Aug 15Cinedigm: Poor Sentiment And Multiple Headwinds Going Into FY2023 - Sell
Jun 30Cinedigm: Niche OTT Streaming Provider Pressured By Poor Sentiment And Overhang From Ongoing Dilution
Feb 18Cinedigm: Growing Like Crazy, So Why Is It So Cheap?
Jan 04Cinedigm: Strong Management Execution Gives This Hidden Streaming Play Strong Potential
Aug 09Cinedigm to acquire advanced streaming technology platform, FoundationTV
Jun 14Cinedigm reduces outstanding debt by $44.2M
May 07Cinedigm partners with Fantawild Animation for new streaming channel Fantawild
Apr 26Cinedigm regains Nasdaq compliance
Feb 02With Upside Largely Priced In, Hold Off On Streaming Play Cinedigm Stock
Dec 20Cinedigm reduces total debt by 47% and annual interest expense by 37%
Dec 07Cinedigm acquires 1K+ hours of premium film and TV programming
Nov 30Cinedigm EPS misses by $0.19, beats on revenue
Nov 16Financial Position Analysis
Short Term Liabilities: CNVS's short term assets ($30.2M) do not cover its short term liabilities ($31.4M).
Long Term Liabilities: CNVS's short term assets ($30.2M) exceed its long term liabilities ($432.0K).
Debt to Equity History and Analysis
Debt Level: CNVS's net debt to equity ratio (18.6%) is considered satisfactory.
Reducing Debt: CNVS had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: CNVS has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: Insufficient data to determine if CNVS has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.