Creative Realities Balance Sheet Health
Financial Health criteria checks 3/6
Creative Realities has a total shareholder equity of $28.8M and total debt of $13.5M, which brings its debt-to-equity ratio to 46.9%. Its total assets and total liabilities are $70.8M and $41.9M respectively. Creative Realities's EBIT is $1.3M making its interest coverage ratio 0.4. It has cash and short-term investments of $2.9M.
Key information
46.9%
Debt to equity ratio
US$13.52m
Debt
Interest coverage ratio | 0.4x |
Cash | US$2.91m |
Equity | US$28.83m |
Total liabilities | US$41.95m |
Total assets | US$70.78m |
Recent financial health updates
Creative Realities (NASDAQ:CREX) Has Debt But No Earnings; Should You Worry?
Nov 01Is Creative Realities (NASDAQ:CREX) Using Too Much Debt?
Jun 09Recent updates
Creative Realities Poised For An Impressive 2024
Feb 07Creative Realities (NASDAQ:CREX) Has Debt But No Earnings; Should You Worry?
Nov 01Creative Realities, Inc.'s (NASDAQ:CREX) Shares Lagging The Market But So Is The Business
Aug 23Creative Realities reports Q2 results
Aug 15Is Creative Realities (NASDAQ:CREX) Using Too Much Debt?
Jun 09Financial Position Analysis
Short Term Liabilities: CREX's short term assets ($18.6M) do not cover its short term liabilities ($20.2M).
Long Term Liabilities: CREX's short term assets ($18.6M) do not cover its long term liabilities ($21.7M).
Debt to Equity History and Analysis
Debt Level: CREX's net debt to equity ratio (36.8%) is considered satisfactory.
Reducing Debt: CREX's debt to equity ratio has increased from 32.9% to 46.9% 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: Whilst unprofitable CREX has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: CREX is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 18.2% per year.