Lendway Balance Sheet Health
Financial Health criteria checks 1/6
Lendway has a total shareholder equity of $15.3M and total debt of $38.9M, which brings its debt-to-equity ratio to 254.8%. Its total assets and total liabilities are $102.5M and $87.2M respectively.
Key information
254.8%
Debt to equity ratio
US$38.89m
Debt
| Interest coverage ratio | n/a |
| Cash | US$1.33m |
| Equity | US$15.27m |
| Total liabilities | US$87.19m |
| Total assets | US$102.46m |
Recent financial health updates
Recent updates
Little Excitement Around Lendway, Inc.'s (NASDAQ:LDWY) Revenues
Dec 21
Insignia Systems GAAP EPS of -$0.61, revenue of $3.3M
Aug 09Is Insignia Systems Stock A Buy Or Sell After The Recent Jump?
Jan 13Here's Why We're Watching Insignia Systems' (NASDAQ:ISIG) Cash Burn Situation
Dec 07Insignia Systems reports Q1 results
May 06Insignia Systems announces reverse stock split
Dec 31Did Insignia Systems, Inc. (NASDAQ:ISIG) Insiders Buy Up More Shares?
Nov 22Insignia Systems reports Q3 results
Nov 11Financial Position Analysis
Short Term Liabilities: LDWY's short term assets ($20.6M) exceed its short term liabilities ($9.1M).
Long Term Liabilities: LDWY's short term assets ($20.6M) do not cover its long term liabilities ($78.1M).
Debt to Equity History and Analysis
Debt Level: LDWY's net debt to equity ratio (246%) is considered high.
Reducing Debt: LDWY's debt to equity ratio has increased from 0% to 254.8% 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: LDWY has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: LDWY has less than a year of cash runway if free cash flow continues to grow at historical rates of 16.8% each year.
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/10 01:52 |
| End of Day Share Price | 2025/01/10 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Lendway, Inc. is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Michael Conti | Sidoti & Company, LLC |
| Aarti Pathak | Virtua Research Inc. |