Pop Culture Group Balance Sheet Health
Financial Health criteria checks 5/6
Pop Culture Group has a total shareholder equity of $15.3M and total debt of $6.2M, which brings its debt-to-equity ratio to 40.4%. Its total assets and total liabilities are $42.2M and $26.9M respectively.
Key information
40.4%
Debt to equity ratio
US$6.19m
Debt
| Interest coverage ratio | n/a |
| Cash | US$1.12m |
| Equity | US$15.33m |
| Total liabilities | US$26.91m |
| Total assets | US$42.23m |
Recent financial health updates
Recent updates
Pop Culture Group Co., Ltd (NASDAQ:CPOP) Might Not Be As Mispriced As It Looks After Plunging 27%
Jul 26
Positive Sentiment Still Eludes Pop Culture Group Co., Ltd (NASDAQ:CPOP) Following 49% Share Price Slump
Jun 09The Market Doesn't Like What It Sees From Pop Culture Group Co., Ltd's (NASDAQ:CPOP) Revenues Yet As Shares Tumble 26%
Apr 16Pop Culture Group Co., Ltd (NASDAQ:CPOP) Stock Catapults 37% Though Its Price And Business Still Lag The Industry
Feb 15Lacklustre Performance Is Driving Pop Culture Group Co., Ltd's (NASDAQ:CPOP) 36% Price Drop
Dec 22Pop Culture Group (NASDAQ:CPOP) Could Be Struggling To Allocate Capital
Feb 23Pop Culture announces new subsidiary to facilitate intelligent business development
Aug 19Investors Could Be Concerned With Pop Culture Group's (NASDAQ:CPOP) Returns On Capital
Jul 27Investors Shouldn't Be Too Comfortable With Pop Culture Group's (NASDAQ:CPOP) Robust Earnings
Nov 17Pop Culture Group Co., Ltd (NASDAQ:CPOP) Stocks Pounded By 27% But Not Lagging Market On Growth Or Pricing
Oct 01Event Organizer Pop Culture Group Sings The Blues After Flashy Debut
Jul 09Financial Position Analysis
Short Term Liabilities: CPOP's short term assets ($40.9M) exceed its short term liabilities ($25.4M).
Long Term Liabilities: CPOP's short term assets ($40.9M) exceed its long term liabilities ($1.5M).
Debt to Equity History and Analysis
Debt Level: CPOP's net debt to equity ratio (33.1%) is considered satisfactory.
Reducing Debt: CPOP's debt to equity ratio has increased from 26.3% to 40.4% 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: CPOP has sufficient cash runway for 4 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: CPOP is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.