Paltalk Balance Sheet Health
Financial Health criteria checks 6/6
Paltalk has a total shareholder equity of $20.1M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $23.9M and $3.8M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$13.57m |
| Equity | US$20.13m |
| Total liabilities | US$3.75m |
| Total assets | US$23.89m |
Recent financial health updates
Recent updates
We're Not Very Worried About Paltalk's (NASDAQ:PALT) Cash Burn Rate
Mar 16
Optimistic Investors Push Paltalk, Inc. (NASDAQ:PALT) Shares Up 33% But Growth Is Lacking
Dec 21There's Been No Shortage Of Growth Recently For Paltalk's (NASDAQ:PALT) Returns On Capital
Jan 20Paltalk's Social Media Surge And NFT Pivot
Nov 30Here's Why We're Watching Paltalk's (NASDAQ:PALT) Cash Burn Situation
Sep 29Tiny Paltalk Is Patently Undervalued
Sep 28Paltalk (NASDAQ:PALT) Is Posting Healthy Earnings, But It Is Not All Good News
Aug 17Financial Position Analysis
Short Term Liabilities: PALT's short term assets ($14.8M) exceed its short term liabilities ($3.1M).
Long Term Liabilities: PALT's short term assets ($14.8M) exceed its long term liabilities ($614.0K).
Debt to Equity History and Analysis
Debt Level: PALT is debt free.
Reducing Debt: PALT 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: PALT has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: PALT has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 5.6% each year