Lendway Balance Sheet Health
Financial Health criteria checks 6/6
Lendway has a total shareholder equity of $15.5M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $16.7M and $1.1M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$16.08m |
| Equity | US$15.53m |
| Total liabilities | US$1.14m |
| Total assets | US$16.67m |
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 ($16.6M) exceed its short term liabilities ($1.1M).
Long Term Liabilities: LDWY's short term assets ($16.6M) exceed its long term liabilities ($45.0K).
Debt to Equity History and Analysis
Debt Level: LDWY is debt free.
Reducing Debt: LDWY had no debt 5 years ago.
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 LDWY has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: LDWY is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 7.1% per year.